SmarterDividends

BAC vs DMB: Which Is the Better Dividend Stock?

As of Nov 5, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. DMB offers the higher yield at 5.77%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 25% above its share price).

Key facts: BAC vs DMB

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) has the higher forward dividend yield at 5.77%, versus 2.48% for Bank of America Corporation (BAC).
  • As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and DMB's D (46/100).
  • By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and DMB for 1.
  • As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and DMB pays out 64%.
  • As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and DMB's fair-value estimate is 7% below its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs DMB: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bac-vs-dmb

MetricBACDMB
Forward yield2.48%5.77%
Annual dividend$1.28$0.60
Payout ratio28%64%
Years of growth12 yr1 yr
5-yr dividend growth8.4%-7.4%
5-yr total return12%-28%
Dividend safety score87 (A)46 (D)
Fair value estimate$63.43$9.66
Upside to fair value+25%-7%
Frequencyquarterlymonthly
Market cap$349.9B$191.1M
P/E ratio12.112.7

Higher yield

DMB

5.77%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+25% upside

BAC vs DMB — FAQ

Is BAC or DMB a better dividend stock?

On the data, BAC wins more head-to-head categories (7 vs 1). DMB offers the higher yield (5.77%), 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 DMB?

DMB has the higher forward dividend yield at 5.77%, versus 2.48% for BAC.

Is BAC or DMB safer?

BAC has the higher dividend-safety score (87/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or DMB better value right now?

As of Nov 5, 2026, BAC looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For DMB, its fair-value estimate is 7% below its share price.

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