SmarterDividends

BAC vs DPG: Which Is the Better Dividend Stock?

As of Nov 8, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DPG offers the higher yield at 6.55%, BAC has the higher dividend-safety score, and DPG looks like the better value (its fair-value estimate is 57% above its share price).

Key facts: BAC vs DPG

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) has the higher forward dividend yield at 6.55%, versus 2.59% for Bank of America Corporation (BAC).
  • As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and DPG's C (60/100).
  • By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and DPG for 0.
  • As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and DPG pays out 20%.
  • As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and DPG's fair-value estimate is 57% above its share price, so DPG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs DPG: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-dpg

MetricBACDPG
Forward yield2.59%6.55%
Annual dividend$1.28$0.90
Payout ratio28%20%
Years of growth12 yr0 yr
5-yr dividend growth8.4%-27.5%
5-yr total return11%-2%
Dividend safety score85 (A)60 (C)
Fair value estimate$63.64$21.58
Upside to fair value+29%+57%
Frequencyquarterlymonthly
Market cap$341.0B$494.6M
P/E ratio11.83.2

Higher yield

DPG

6.55%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

DPG

+57% upside

BAC vs DPG — FAQ

Is BAC or DPG a better dividend stock?

On the data, BAC wins more head-to-head categories (5 vs 3). DPG offers the higher yield (6.55%), 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 DPG?

DPG has the higher forward dividend yield at 6.55%, versus 2.59% for BAC.

Is BAC or DPG safer?

BAC has the higher dividend-safety score (85/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or DPG better value right now?

As of Nov 8, 2026, DPG looks like the better value: its fair-value estimate is 57% above its share price (undervalued). For BAC, its fair-value estimate is 29% above its share price.

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