BAC vs HGLB: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HGLB offers the higher yield at 16.43%, BAC has the higher dividend-safety score, and HGLB looks like the better value (its fair-value estimate is 51% above its share price).
Key facts: BAC vs HGLB
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Highland Global Allocation Fund (HGLB) has the higher forward dividend yield at 16.43%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 27, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and HGLB's D (46/100).
- By SmarterDividends' count as of Oct 27, 2026, BAC has raised its dividend for 12 consecutive years and HGLB for 1.
- As of Oct 27, 2026, BAC pays out 26% of its earnings as dividends and HGLB pays out 268%.
- As of Oct 27, 2026, BAC's fair-value estimate is 26% above its share price and HGLB's fair-value estimate is 51% above its share price, so HGLB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs HGLB: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bac-vs-hglb
| Metric | BAC | HGLB |
|---|---|---|
| Forward yield | 2.53% | 16.43% |
| Annual dividend | $1.28 | $1.02 |
| Payout ratio | 26% | 268% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | 0.9% |
| 5-yr total return | 14% | -29% |
| Dividend safety score | 87 (A) | 46 (D) |
| Fair value estimate | $63.43 | $9.36 |
| Upside to fair value | +26% | +51% |
| Frequency | quarterly | monthly |
| Market cap | $349.7B | $146.5M |
| P/E ratio | 12.1 | 15.5 |
Higher yield
HGLB
16.43%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
HGLB
+51% upside
BAC vs HGLB — FAQ
Is BAC or HGLB a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). HGLB offers the higher yield (16.43%), 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 HGLB?
HGLB has the higher forward dividend yield at 16.43%, versus 2.53% for BAC.
Is BAC or HGLB safer?
BAC has the higher dividend-safety score (87/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or HGLB better value right now?
As of Oct 27, 2026, HGLB looks like the better value: its fair-value estimate is 51% 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.