SmarterDividends

BAC vs ETV: Which Is the Better Dividend Stock?

As of Nov 5, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ETV offers the higher yield at 9.34%, BAC has the higher dividend-safety score, and ETV looks like the better value (its fair-value estimate is 30% above its share price).

Key facts: BAC vs ETV

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has the higher forward dividend yield at 9.34%, versus 2.48% for Bank of America Corporation (BAC).
  • As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and ETV's C (64/100).
  • By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and ETV for 2.
  • As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and ETV pays out 47%.
  • As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and ETV's fair-value estimate is 30% above its share price, so ETV looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricBACETV
Forward yield2.48%9.34%
Annual dividend$1.28$1.35
Payout ratio28%47%
Years of growth12 yr2 yr
5-yr dividend growth8.4%-2.3%
5-yr total return12%-11%
Dividend safety score87 (A)64 (C)
Fair value estimate$63.43$18.40
Upside to fair value+25%+30%
Frequencyquarterlymonthly
Market cap$349.9B$1.6B
P/E ratio12.15.6

Higher yield

ETV

9.34%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

ETV

+30% upside

BAC vs ETV — FAQ

Is BAC or ETV a better dividend stock?

On the data, BAC wins more head-to-head categories (5 vs 3). ETV offers the higher yield (9.34%), 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 ETV?

ETV has the higher forward dividend yield at 9.34%, versus 2.48% for BAC.

Is BAC or ETV safer?

BAC has the higher dividend-safety score (87/100 vs 64/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or ETV better value right now?

As of Nov 5, 2026, ETV looks like the better value: its fair-value estimate is 30% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.

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