BAC vs DGICB: Which Is the Better Dividend Stock?
As of Oct 30, 2026, BAC and DGICB are closely matched. DGICB offers the higher yield at 2.70%, DGICB 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 DGICB
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Donegal Group Inc. (DGICB) has the higher forward dividend yield at 2.70%, versus 2.52% for Bank of America Corporation (BAC).
- As of Oct 30, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and DGICB's A (99/100).
- By SmarterDividends' count as of Oct 30, 2026, BAC has raised its dividend for 12 consecutive years and DGICB for 23.
- As of Oct 30, 2026, BAC pays out 26% of its earnings as dividends and DGICB pays out 35%.
- As of Oct 30, 2026, BAC's fair-value estimate is 24% above its share price and DGICB's fair-value estimate is 50% below its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs DGICB: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/bac-vs-dgicb
| Metric | BAC | DGICB |
|---|---|---|
| Forward yield | 2.52% | 2.70% |
| Annual dividend | $1.28 | $0.70 |
| Payout ratio | 26% | 35% |
| Years of growth | 12 yr | 23 yr |
| 5-yr dividend growth | 8.4% | 4.3% |
| 5-yr total return | 12% | 96% |
| Dividend safety score | 87 (A) | 99 (A) |
| Fair value estimate | $63.43 | $11.80 |
| Upside to fair value | +24% | -50% |
| Frequency | quarterly | quarterly |
| Market cap | $354.0B | $878.1M |
| P/E ratio | 12.2 | 12.3 |
Higher yield
DGICB
2.70%
Safer dividend
DGICB
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+24% upside
BAC vs DGICB — FAQ
Is BAC or DGICB a better dividend stock?
BAC and DGICB are closely matched. DGICB has the higher yield; DGICB scores better on safety.
Which has a higher dividend yield, BAC or DGICB?
DGICB has the higher forward dividend yield at 2.70%, versus 2.52% for BAC.
Is BAC or DGICB safer?
DGICB has the higher dividend-safety score (99/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or DGICB 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 DGICB, its fair-value estimate is 50% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.