SmarterDividends

BAC vs IAE: Which Is the Better Dividend Stock?

As of Nov 6, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. IAE offers the higher yield at 11.13%, BAC has the higher dividend-safety score, and IAE looks like the better value (its fair-value estimate is 110% above its share price).

Key facts: BAC vs IAE

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Voya Asia Pacific High Dividend Equity Income Fund (IAE) has the higher forward dividend yield at 11.13%, versus 2.57% for Bank of America Corporation (BAC).
  • As of Nov 6, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and IAE's B (67/100).
  • By SmarterDividends' count as of Nov 6, 2026, BAC has raised its dividend for 12 consecutive years and IAE for 0.
  • As of Nov 6, 2026, BAC pays out 28% of its earnings as dividends and IAE pays out 30%.
  • As of Nov 6, 2026, BAC's fair-value estimate is 27% above its share price and IAE's fair-value estimate is 110% above its share price, so IAE looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs IAE: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/bac-vs-iae

MetricBACIAE
Forward yield2.57%11.13%
Annual dividend$1.28$0.78
Payout ratio28%30%
Years of growth12 yr0 yr
5-yr dividend growth8.4%-21.3%
5-yr total return12%—
Dividend safety score87 (A)67 (B)
Fair value estimate$63.43$14.71
Upside to fair value+27%+110%
Frequencyquarterlymonthly
Market cap$343.4B$75.4M
P/E ratio11.92.7

Higher yield

IAE

11.13%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

IAE

+110% upside

BAC vs IAE — FAQ

Is BAC or IAE a better dividend stock?

On the data, BAC wins more head-to-head categories (5 vs 2). IAE offers the higher yield (11.13%), 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 IAE?

IAE has the higher forward dividend yield at 11.13%, versus 2.57% for BAC.

Is BAC or IAE safer?

BAC has the higher dividend-safety score (87/100 vs 67/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or IAE better value right now?

As of Nov 6, 2026, IAE looks like the better value: its fair-value estimate is 110% above its share price (undervalued). For BAC, its fair-value estimate is 27% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.