BAC vs IIF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, BAC and IIF are closely matched. IIF offers the higher yield at 8.65%, BAC has the higher dividend-safety score, and IIF looks like the better value (its fair-value estimate is 149% above its share price).
Key facts: BAC vs IIF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Morgan Stanley India Investment Fund, Inc. (IIF) has the higher forward dividend yield at 8.65%, versus 2.59% for Bank of America Corporation (BAC).
- As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and IIF's D (44/100).
- By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and IIF for 0.
- As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and IIF pays out 184%.
- As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and IIF's fair-value estimate is 149% above its share price, so IIF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs IIF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-iif
| Metric | BAC | IIF |
|---|---|---|
| Forward yield | 2.59% | 8.65% |
| Annual dividend | $1.28 | $1.99 |
| Payout ratio | 28% | 184% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | 246.1% |
| 5-yr total return | 11% | -12% |
| Dividend safety score | 85 (A) | 44 (D) |
| Fair value estimate | $63.64 | $57.10 |
| Upside to fair value | +29% | +149% |
| Frequency | quarterly | annual |
| Market cap | $341.0B | $215.4M |
| P/E ratio | 11.8 | — |
Higher yield
IIF
8.65%
Safer dividend
BAC
Grade A
Faster growth
IIF
246.1%
Better value
IIF
+149% upside
BAC vs IIF — FAQ
Is BAC or IIF a better dividend stock?
BAC and IIF are closely matched. IIF has the higher yield; BAC scores better on safety.
Which has a higher dividend yield, BAC or IIF?
IIF has the higher forward dividend yield at 8.65%, versus 2.59% for BAC.
Is BAC or IIF safer?
BAC has the higher dividend-safety score (85/100 vs 44/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or IIF better value right now?
As of Nov 8, 2026, IIF looks like the better value: its fair-value estimate is 149% above its share price (undervalued). For BAC, its fair-value estimate is 29% above its share price.
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