BAC vs NCDL: Which Is the Better Dividend Stock?
As of Nov 8, 2026, BAC and NCDL are closely matched. NCDL offers the higher yield at 12.87%, BAC has the higher dividend-safety score, and NCDL looks like the better value (its fair-value estimate is 48% above its share price).
Key facts: BAC vs NCDL
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Nuveen Churchill Direct Lending Corp. (NCDL) has the higher forward dividend yield at 12.87%, versus 2.59% for Bank of America Corporation (BAC).
- As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and NCDL's C (63/100).
- By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and NCDL for 1.
- As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and NCDL pays out 182%.
- As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and NCDL's fair-value estimate is 48% above its share price, so NCDL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs NCDL: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-ncdl
| Metric | BAC | NCDL |
|---|---|---|
| Forward yield | 2.59% | 12.87% |
| Annual dividend | $1.28 | $1.52 |
| Payout ratio | 28% | 182% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 11% | — |
| Dividend safety score | 85 (A) | 63 (C) |
| Fair value estimate | $63.64 | $17.44 |
| Upside to fair value | +29% | +48% |
| Frequency | quarterly | quarterly |
| Market cap | $341.0B | $580.0M |
| P/E ratio | 11.8 | 13.3 |
Higher yield
NCDL
12.87%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
NCDL
+48% upside
BAC vs NCDL — FAQ
Is BAC or NCDL a better dividend stock?
BAC and NCDL are closely matched. NCDL has the higher yield; BAC scores better on safety.
Which has a higher dividend yield, BAC or NCDL?
NCDL has the higher forward dividend yield at 12.87%, versus 2.59% for BAC.
Is BAC or NCDL safer?
BAC has the higher dividend-safety score (85/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or NCDL better value right now?
As of Nov 8, 2026, NCDL looks like the better value: its fair-value estimate is 48% above its share price (undervalued). For BAC, its fair-value estimate is 29% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.