BAC vs GDO: 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. GDO offers the higher yield at 15.29%, BAC has the higher dividend-safety score, and GDO looks like the better value (its fair-value estimate is 121% above its share price).
Key facts: BAC vs GDO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO) has the higher forward dividend yield at 15.29%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 27, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and GDO's C (61/100).
- By SmarterDividends' count as of Oct 27, 2026, BAC has raised its dividend for 12 consecutive years and GDO for 3.
- As of Oct 27, 2026, BAC pays out 26% of its earnings as dividends and GDO pays out 121%.
- As of Oct 27, 2026, BAC's fair-value estimate is 26% above its share price and GDO's fair-value estimate is 121% above its share price, so GDO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs GDO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bac-vs-gdo
| Metric | BAC | GDO |
|---|---|---|
| Forward yield | 2.53% | 15.29% |
| Annual dividend | $1.28 | $1.46 |
| Payout ratio | 26% | 121% |
| Years of growth | 12 yr | 3 yr |
| 5-yr dividend growth | 8.4% | 3.9% |
| 5-yr total return | 14% | -43% |
| Dividend safety score | 87 (A) | 61 (C) |
| Fair value estimate | $63.43 | $21.12 |
| Upside to fair value | +26% | +121% |
| Frequency | quarterly | monthly |
| Market cap | $349.7B | $72.0M |
| P/E ratio | 12.1 | 7.8 |
Higher yield
GDO
15.29%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
GDO
+121% upside
BAC vs GDO — FAQ
Is BAC or GDO a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 3). GDO offers the higher yield (15.29%), 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 GDO?
GDO has the higher forward dividend yield at 15.29%, versus 2.53% for BAC.
Is BAC or GDO safer?
BAC has the higher dividend-safety score (87/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or GDO better value right now?
As of Oct 27, 2026, GDO looks like the better value: its fair-value estimate is 121% above its share price (undervalued). For BAC, its fair-value estimate is 26% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.