SmarterDividends

BAC vs CSQ: Which Is the Better Dividend Stock?

As of Oct 30, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CSQ offers the higher yield at 8.05%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 24% above its share price).

Key facts: BAC vs CSQ

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, Calamos Strategic Total Return Fund (CSQ) has the higher forward dividend yield at 8.05%, versus 2.52% for Bank of America Corporation (BAC).
  • As of Oct 30, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and CSQ's A (87/100).
  • By SmarterDividends' count as of Oct 30, 2026, BAC has raised its dividend for 12 consecutive years and CSQ for 1.
  • As of Oct 30, 2026, BAC pays out 26% of its earnings as dividends and CSQ pays out 20%.
  • As of Oct 30, 2026, BAC's fair-value estimate is 24% above its share price and CSQ's fair-value estimate is 19% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs CSQ: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/bac-vs-csq

MetricBACCSQ
Forward yield2.52%8.05%
Annual dividend$1.28$1.62
Payout ratio26%20%
Years of growth12 yr1 yr
5-yr dividend growth8.4%2.4%
5-yr total return12%4%
Dividend safety score87 (A)87 (A)
Fair value estimate$63.43$23.83
Upside to fair value+24%+19%
Frequencyquarterlymonthly
Market cap$354.0B$3.2B
P/E ratio12.23.1

Higher yield

CSQ

8.05%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+24% upside

BAC vs CSQ — FAQ

Is BAC or CSQ a better dividend stock?

On the data, BAC wins more head-to-head categories (4 vs 3). CSQ offers the higher yield (8.05%), while BAC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BAC or CSQ?

CSQ has the higher forward dividend yield at 8.05%, versus 2.52% for BAC.

Is BAC or CSQ safer?

BAC has the higher dividend-safety score (87/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or CSQ better value right now?

As of Oct 30, 2026, BAC looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For CSQ, its fair-value estimate is 19% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.