BAC vs GSBD: Which Is the Better Dividend Stock?
As of Oct 23, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. GSBD offers the higher yield at 16.19%, BAC has the higher dividend-safety score, and GSBD looks like the better value (its fair-value estimate is 63% above its share price).
Key facts: BAC vs GSBD
Data as of · Source: SmarterDividends data
- As of Oct 23, 2026, Goldman Sachs BDC, Inc. (GSBD) has the higher forward dividend yield at 16.19%, versus 2.51% for Bank of America Corporation (BAC).
- As of Oct 23, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and GSBD's D (47/100).
- By SmarterDividends' count as of Oct 23, 2026, BAC has raised its dividend for 12 consecutive years and GSBD for 0.
- As of Oct 23, 2026, BAC pays out 26% of its earnings as dividends and GSBD pays out 265%.
- As of Oct 23, 2026, BAC's fair-value estimate is 24% above its share price and GSBD's fair-value estimate is 63% above its share price, so GSBD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs GSBD: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/bac-vs-gsbd
| Metric | BAC | GSBD |
|---|---|---|
| Forward yield | 2.51% | 16.19% |
| Annual dividend | $1.28 | $1.41 |
| Payout ratio | 26% | 265% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | -9.8% |
| 5-yr total return | 15% | -54% |
| Dividend safety score | 87 (A) | 47 (D) |
| Fair value estimate | $63.43 | $14.22 |
| Upside to fair value | +24% | +63% |
| Frequency | quarterly | quarterly |
| Market cap | $357.2B | $980.5M |
| P/E ratio | 12.2 | 16.8 |
Higher yield
GSBD
16.19%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
GSBD
+63% upside
BAC vs GSBD — FAQ
Is BAC or GSBD a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 3). GSBD offers the higher yield (16.19%), 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 GSBD?
GSBD has the higher forward dividend yield at 16.19%, versus 2.51% for BAC.
Is BAC or GSBD safer?
BAC has the higher dividend-safety score (87/100 vs 47/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or GSBD better value right now?
As of Oct 23, 2026, GSBD looks like the better value: its fair-value estimate is 63% 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.