BAC vs MCHB: Which Is the Better Dividend Stock?
As of Oct 24, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MCHB offers the higher yield at 10.29%, BAC has the higher dividend-safety score, and MCHB looks like the better value (its fair-value estimate is 163% above its share price).
Key facts: BAC vs MCHB
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Mechanics Bancorp (MCHB) has the higher forward dividend yield at 10.29%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 24, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and MCHB's D (40/100).
- By SmarterDividends' count as of Oct 24, 2026, BAC has raised its dividend for 12 consecutive years and MCHB for 1.
- As of Oct 24, 2026, BAC pays out 26% of its earnings as dividends and MCHB pays out 101%.
- As of Oct 24, 2026, BAC's fair-value estimate is 25% above its share price and MCHB's fair-value estimate is 163% above its share price, so MCHB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs MCHB: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/bac-vs-mchb
| Metric | BAC | MCHB |
|---|---|---|
| Forward yield | 2.53% | 10.29% |
| Annual dividend | $1.28 | $1.56 |
| Payout ratio | 26% | 101% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | 7.0% |
| 5-yr total return | 14% | -69% |
| Dividend safety score | 87 (A) | 40 (D) |
| Fair value estimate | $63.43 | $39.85 |
| Upside to fair value | +25% | +163% |
| Frequency | quarterly | quarterly |
| Market cap | $353.6B | $3.4B |
| P/E ratio | 12.1 | 11.7 |
Higher yield
MCHB
10.29%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
MCHB
+163% upside
BAC vs MCHB — FAQ
Is BAC or MCHB a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 3). MCHB offers the higher yield (10.29%), 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 MCHB?
MCHB has the higher forward dividend yield at 10.29%, versus 2.53% for BAC.
Is BAC or MCHB safer?
BAC has the higher dividend-safety score (87/100 vs 40/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or MCHB better value right now?
As of Oct 24, 2026, MCHB looks like the better value: its fair-value estimate is 163% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.