SmarterDividends

BAC vs FSSL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, BAC and FSSL are closely matched. FSSL offers the higher yield at 11.12%, BAC has the higher dividend-safety score, and FSSL looks like the better value (its fair-value estimate is 82% above its share price).

Key facts: BAC vs FSSL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, FS Specialty Lending Fund (FSSL) has the higher forward dividend yield at 11.12%, versus 2.50% for Bank of America Corporation (BAC).
  • By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and FSSL for 0.
  • As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and FSSL's fair-value estimate is 82% above its share price, so FSSL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs FSSL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-fssl

MetricBACFSSL
Forward yield2.50%11.12%
Annual dividend$1.28$1.27
Payout ratio26%—
Years of growth12 yr0 yr
5-yr dividend growth8.4%—
5-yr total return15%—
Dividend safety score87 (A)—
Fair value estimate$63.43$20.76
Upside to fair value+24%+82%
Frequencyquarterlymonthly
Market cap$358.2B$863.9M
P/E ratio12.219.3

Higher yield

FSSL

11.12%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

FSSL

+82% upside

BAC vs FSSL — FAQ

Is BAC or FSSL a better dividend stock?

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

Which has a higher dividend yield, BAC or FSSL?

FSSL has the higher forward dividend yield at 11.12%, versus 2.50% for BAC.

Is BAC or FSSL safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is BAC or FSSL better value right now?

As of Oct 18, 2026, FSSL looks like the better value: its fair-value estimate is 82% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.

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