SmarterDividends

BAC vs ERIE: Which Is the Better Dividend Stock?

As of Nov 8, 2026, BAC and ERIE are closely matched. BAC offers the higher yield at 2.59%, ERIE has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 29% above its share price).

Key facts: BAC vs ERIE

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.59%, versus 2.14% for Erie Indemnity Company (ERIE).
  • As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and ERIE's A (90/100).
  • By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and ERIE for 29.
  • As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and ERIE pays out 53%.
  • As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and ERIE'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 ERIE: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-erie

MetricBACERIE
Forward yield2.59%2.14%
Annual dividend$1.28$5.85
Payout ratio28%53%
Years of growth12 yr29 yr
5-yr dividend growth8.4%7.2%
5-yr total return11%47%
Dividend safety score85 (A)90 (A)
Fair value estimate$63.64$136.13
Upside to fair value+29%-50%
Frequencyquarterlyquarterly
Market cap$341.0B$14.3B
P/E ratio11.824.8

Higher yield

BAC

2.59%

Safer dividend

ERIE

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+29% upside

BAC vs ERIE — FAQ

Is BAC or ERIE a better dividend stock?

BAC and ERIE are closely matched. BAC has the higher yield; ERIE scores better on safety.

Which has a higher dividend yield, BAC or ERIE?

BAC has the higher forward dividend yield at 2.59%, versus 2.14% for ERIE.

Is BAC or ERIE safer?

ERIE has the higher dividend-safety score (90/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or ERIE better value right now?

As of Nov 8, 2026, BAC looks like the better value: its fair-value estimate is 29% above its share price (undervalued). For ERIE, its fair-value estimate is 50% below its share price.

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