BAC vs DMA: Which Is the Better Dividend Stock?
As of Oct 20, 2026, DMA (Destra Multi-Alternative Fund) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. DMA offers the higher yield at 19.09%, BAC has the higher dividend-safety score, and DMA looks like the better value (its fair-value estimate is 150% above its share price).
Key facts: BAC vs DMA
Data as of · Source: SmarterDividends data
- As of Oct 20, 2026, Destra Multi-Alternative Fund (DMA) has the higher forward dividend yield at 19.09%, versus 2.54% for Bank of America Corporation (BAC).
- As of Oct 20, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and DMA's D (43/100).
- By SmarterDividends' count as of Oct 20, 2026, BAC has raised its dividend for 12 consecutive years and DMA for 0.
- As of Oct 20, 2026, BAC's fair-value estimate is 26% above its share price and DMA's fair-value estimate is 150% above its share price, so DMA looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs DMA: Dividend Yield, Safety & Value Compared," updated Oct 20, 2026, https://smarterdividends.com/compare/bac-vs-dma
| Metric | BAC | DMA |
|---|---|---|
| Forward yield | 2.54% | 19.09% |
| Annual dividend | $1.28 | $1.38 |
| Payout ratio | 26% | 0% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 15% | -14% |
| Dividend safety score | 87 (A) | 43 (D) |
| Fair value estimate | $63.43 | $18.06 |
| Upside to fair value | +26% | +150% |
| Frequency | quarterly | monthly |
| Market cap | $352.4B | $64.8M |
| P/E ratio | 12.0 | — |
Higher yield
DMA
19.09%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
DMA
+150% upside
BAC vs DMA — FAQ
Is BAC or DMA a better dividend stock?
On the data, DMA wins more head-to-head categories (4 vs 3). DMA offers the higher yield (19.09%), 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 DMA?
DMA has the higher forward dividend yield at 19.09%, versus 2.54% for BAC.
Is BAC or DMA safer?
BAC has the higher dividend-safety score (87/100 vs 43/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or DMA better value right now?
As of Oct 20, 2026, DMA looks like the better value: its fair-value estimate is 150% above its share price (undervalued). For BAC, its fair-value estimate is 26% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.