BAC vs FRA: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. FRA offers the higher yield at 15.06%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 26% above its share price).
Key facts: BAC vs FRA
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) has the higher forward dividend yield at 15.06%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 27, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and FRA's C (55/100).
- By SmarterDividends' count as of Oct 27, 2026, BAC has raised its dividend for 12 consecutive years and FRA for 0.
- As of Oct 27, 2026, BAC pays out 26% of its earnings as dividends and FRA pays out 383%.
- As of Oct 27, 2026, BAC's fair-value estimate is 26% above its share price and FRA's fair-value estimate is 3% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs FRA: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bac-vs-fra
| Metric | BAC | FRA |
|---|---|---|
| Forward yield | 2.53% | 15.06% |
| Annual dividend | $1.28 | $1.49 |
| Payout ratio | 26% | 383% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | 10.0% |
| 5-yr total return | 14% | -27% |
| Dividend safety score | 87 (A) | 55 (C) |
| Fair value estimate | $63.43 | $10.19 |
| Upside to fair value | +26% | +3% |
| Frequency | quarterly | monthly |
| Market cap | $349.7B | $349.7M |
| P/E ratio | 12.1 | 25.3 |
Higher yield
FRA
15.06%
Safer dividend
BAC
Grade A
Faster growth
FRA
10.0%
Better value
BAC
+26% upside
BAC vs FRA — FAQ
Is BAC or FRA a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 3). FRA offers the higher yield (15.06%), 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 FRA?
FRA has the higher forward dividend yield at 15.06%, versus 2.53% for BAC.
Is BAC or FRA safer?
BAC has the higher dividend-safety score (87/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or FRA better value right now?
As of Oct 27, 2026, BAC looks like the better value: its fair-value estimate is 26% above its share price (undervalued). For FRA, its fair-value estimate is 3% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.