BAC vs EBC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. EBC offers the higher yield at 2.63%, BAC has the higher dividend-safety score, and EBC looks like the better value (its fair-value estimate is 41% above its share price).
Key facts: BAC vs EBC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Eastern Bankshares, Inc. (EBC) has the higher forward dividend yield at 2.63%, versus 2.50% for Bank of America Corporation (BAC).
- As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and EBC's A (81/100).
- By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and EBC for 4.
- As of Oct 18, 2026, BAC pays out 26% of its earnings as dividends and EBC pays out 30%.
- As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and EBC's fair-value estimate is 41% above its share price, so EBC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs EBC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-ebc
| Metric | BAC | EBC |
|---|---|---|
| Forward yield | 2.50% | 2.63% |
| Annual dividend | $1.28 | $0.56 |
| Payout ratio | 26% | 30% |
| Years of growth | 12 yr | 4 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 15% | 6% |
| Dividend safety score | 87 (A) | 81 (A) |
| Fair value estimate | $63.43 | $30.02 |
| Upside to fair value | +24% | +41% |
| Frequency | quarterly | quarterly |
| Market cap | $358.2B | $4.9B |
| P/E ratio | 12.2 | 11.9 |
Higher yield
EBC
2.63%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
EBC
+41% upside
BAC vs EBC — FAQ
Is BAC or EBC a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 2). EBC offers the higher yield (2.63%), 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 EBC?
EBC has the higher forward dividend yield at 2.63%, versus 2.50% for BAC.
Is BAC or EBC safer?
BAC has the higher dividend-safety score (87/100 vs 81/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or EBC better value right now?
As of Oct 18, 2026, EBC looks like the better value: its fair-value estimate is 41% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.