BAC vs HDB: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. BAC offers the higher yield at 2.48%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 25% above its share price).
Key facts: BAC vs HDB
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.48%, versus 1.68% for HDFC Bank Limited (HDB).
- As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and HDB's C (58/100).
- By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and HDB for 0.
- As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and HDB pays out 23%.
- As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and HDB's fair-value estimate is 2% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs HDB: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bac-vs-hdb
| Metric | BAC | HDB |
|---|---|---|
| Forward yield | 2.48% | 1.68% |
| Annual dividend | $1.28 | $0.41 |
| Payout ratio | 28% | 23% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 12% | -32% |
| Dividend safety score | 87 (A) | 58 (C) |
| Fair value estimate | $63.43 | $24.82 |
| Upside to fair value | +25% | +2% |
| Frequency | quarterly | annual |
| Market cap | $349.9B | $125.7B |
| P/E ratio | 12.1 | 15.8 |
Higher yield
BAC
2.48%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+25% upside
BAC vs HDB — FAQ
Is BAC or HDB a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 1). BAC offers the higher yield (2.48%), 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 HDB?
BAC has the higher forward dividend yield at 2.48%, versus 1.68% for HDB.
Is BAC or HDB safer?
BAC has the higher dividend-safety score (87/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or HDB better value right now?
As of Nov 5, 2026, BAC looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For HDB, its fair-value estimate is 2% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.