BAC vs IGA: Which Is the Better Dividend Stock?
As of September 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. IGA offers the higher yield at 9.82%, BAC has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+59%).
| Metric | BAC | IGA |
|---|---|---|
| Forward yield | 2.29% | 9.82% |
| Annual dividend | $1.28 | $1.02 |
| Payout ratio | 26% | 83% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | -15.5% |
| 5-yr total return | 21% | 7% |
| Dividend safety score | 86 (A) | 61 (C) |
| Fair value estimate | $91.91 | $14.68 |
| Upside to fair value | +59% | +38% |
| Frequency | quarterly | monthly |
| Market cap | $390.9B | $157.3M |
| P/E ratio | 12.9 | 8.4 |
Higher yield
IGA
9.82%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+59% upside
BAC vs IGA — FAQ
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