BAC vs GAB: Which Is the Better Dividend Stock?
As of Oct 30, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. GAB offers the higher yield at 11.56%, BAC has the higher dividend-safety score, and GAB looks like the better value (its fair-value estimate is 94% above its share price).
Key facts: BAC vs GAB
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, The Gabelli Equity Trust Inc. (GAB) has the higher forward dividend yield at 11.56%, versus 2.52% for Bank of America Corporation (BAC).
- As of Oct 30, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and GAB's B (78/100).
- By SmarterDividends' count as of Oct 30, 2026, BAC has raised its dividend for 12 consecutive years and GAB for 0.
- As of Oct 30, 2026, BAC pays out 26% of its earnings as dividends and GAB pays out 49%.
- As of Oct 30, 2026, BAC's fair-value estimate is 24% above its share price and GAB's fair-value estimate is 94% above its share price, so GAB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs GAB: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/bac-vs-gab
| Metric | BAC | GAB |
|---|---|---|
| Forward yield | 2.52% | 11.56% |
| Annual dividend | $1.28 | $0.60 |
| Payout ratio | 26% | 49% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | 0.5% |
| 5-yr total return | 12% | -26% |
| Dividend safety score | 87 (A) | 78 (B) |
| Fair value estimate | $63.43 | $10.19 |
| Upside to fair value | +24% | +94% |
| Frequency | quarterly | quarterly |
| Market cap | $354.0B | $1.8B |
| P/E ratio | 12.2 | 4.3 |
Higher yield
GAB
11.56%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
GAB
+94% upside
BAC vs GAB — FAQ
Is BAC or GAB a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). GAB offers the higher yield (11.56%), 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 GAB?
GAB has the higher forward dividend yield at 11.56%, versus 2.52% for BAC.
Is BAC or GAB safer?
BAC has the higher dividend-safety score (87/100 vs 78/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or GAB better value right now?
As of Oct 30, 2026, GAB looks like the better value: its fair-value estimate is 94% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.