SmarterDividends

BAC vs MYN: Which Is the Better Dividend Stock?

As of Nov 13, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. MYN offers the higher yield at 6.74%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 26% above its share price).

Key facts: BAC vs MYN

Data as of · Source: SmarterDividends data

  • As of Nov 13, 2026, BlackRock MuniYield New York Quality Fund, Inc. (MYN) has the higher forward dividend yield at 6.74%, versus 2.53% for Bank of America Corporation (BAC).
  • As of Nov 13, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and MYN's C (59/100).
  • By SmarterDividends' count as of Nov 13, 2026, BAC has raised its dividend for 12 consecutive years and MYN for 2.
  • As of Nov 13, 2026, BAC pays out 28% of its earnings as dividends and MYN pays out 67%.
  • As of Nov 13, 2026, BAC's fair-value estimate is 26% above its share price and MYN's fair-value estimate is 13% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs MYN: Dividend Yield, Safety & Value Compared," updated Nov 13, 2026, https://smarterdividends.com/compare/bac-vs-myn

MetricBACMYN
Forward yield2.53%6.74%
Annual dividend$1.28$0.61
Payout ratio28%67%
Years of growth12 yr2 yr
5-yr dividend growth8.4%1.8%
5-yr total return11%-34%
Dividend safety score85 (A)59 (C)
Fair value estimate$63.64$10.32
Upside to fair value+26%+13%
Frequencyquarterlymonthly
Market cap$348.5B$857.5M
P/E ratio12.19.9

Higher yield

MYN

6.74%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+26% upside

BAC vs MYN — FAQ

Is BAC or MYN a better dividend stock?

On the data, BAC wins more head-to-head categories (7 vs 1). MYN offers the higher yield (6.74%), 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 MYN?

MYN has the higher forward dividend yield at 6.74%, versus 2.53% for BAC.

Is BAC or MYN safer?

BAC has the higher dividend-safety score (85/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or MYN better value right now?

As of Nov 13, 2026, BAC looks like the better value: its fair-value estimate is 26% above its share price (undervalued). For MYN, its fair-value estimate is 13% above its share price.

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