BAC vs ETW: Which Is the Better Dividend Stock?
As of Nov 8, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. ETW offers the higher yield at 9.71%, BAC has the higher dividend-safety score, and ETW looks like the better value (its fair-value estimate is 56% above its share price).
Key facts: BAC vs ETW
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) has the higher forward dividend yield at 9.71%, versus 2.59% for Bank of America Corporation (BAC).
- As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and ETW's B (66/100).
- By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and ETW for 2.
- As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and ETW pays out 39%.
- As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and ETW's fair-value estimate is 56% above its share price, so ETW looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs ETW: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-etw
| Metric | BAC | ETW |
|---|---|---|
| Forward yield | 2.59% | 9.71% |
| Annual dividend | $1.28 | $0.90 |
| Payout ratio | 28% | 39% |
| Years of growth | 12 yr | 2 yr |
| 5-yr dividend growth | 8.4% | -2.0% |
| 5-yr total return | 11% | -14% |
| Dividend safety score | 85 (A) | 66 (B) |
| Fair value estimate | $63.64 | $14.40 |
| Upside to fair value | +29% | +56% |
| Frequency | quarterly | monthly |
| Market cap | $341.0B | $1.0B |
| P/E ratio | 11.8 | 4.5 |
Higher yield
ETW
9.71%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
ETW
+56% upside
BAC vs ETW — FAQ
Is BAC or ETW a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). ETW offers the higher yield (9.71%), 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 ETW?
ETW has the higher forward dividend yield at 9.71%, versus 2.59% for BAC.
Is BAC or ETW safer?
BAC has the higher dividend-safety score (85/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or ETW better value right now?
As of Nov 8, 2026, ETW looks like the better value: its fair-value estimate is 56% above its share price (undervalued). For BAC, its fair-value estimate is 29% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.