BAC vs NCV: Which Is the Better Dividend Stock?
As of Oct 13, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NCV offers the higher yield at 10.41%, BAC has the higher dividend-safety score, and NCV looks like the better value (its fair-value estimate is 49% above its share price).
Key facts: BAC vs NCV
Data as of · Source: SmarterDividends data
- As of Oct 13, 2026, Virtus Convertible & Income Fund (NCV) has the higher forward dividend yield at 10.41%, versus 2.35% for Bank of America Corporation (BAC).
- As of Oct 13, 2026, SmarterDividends grades BAC's dividend safety A (86/100) and NCV's B (66/100).
- By SmarterDividends' count as of Oct 13, 2026, BAC has raised its dividend for 12 consecutive years and NCV for 0.
- As of Oct 13, 2026, BAC pays out 26% of its earnings as dividends and NCV pays out 35%.
- As of Oct 13, 2026, BAC's fair-value estimate is 19% above its share price and NCV's fair-value estimate is 49% above its share price, so NCV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs NCV: Dividend Yield, Safety & Value Compared," updated Oct 13, 2026, https://smarterdividends.com/compare/bac-vs-ncv
| Metric | BAC | NCV |
|---|---|---|
| Forward yield | 2.35% | 10.41% |
| Annual dividend | $1.28 | $1.63 |
| Payout ratio | 26% | 35% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | -5.7% |
| 5-yr total return | 14% | -38% |
| Dividend safety score | 86 (A) | 66 (B) |
| Fair value estimate | $65.09 | $23.24 |
| Upside to fair value | +19% | +49% |
| Frequency | quarterly | monthly |
| Market cap | $381.7B | $352.9M |
| P/E ratio | 12.6 | 4.2 |
Higher yield
NCV
10.41%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
NCV
+49% upside
BAC vs NCV — FAQ
Is BAC or NCV a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 3). NCV offers the higher yield (10.41%), 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 NCV?
NCV has the higher forward dividend yield at 10.41%, versus 2.35% for BAC.
Is BAC or NCV safer?
BAC has the higher dividend-safety score (86/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or NCV better value right now?
As of Oct 13, 2026, NCV looks like the better value: its fair-value estimate is 49% above its share price (undervalued). For BAC, its fair-value estimate is 19% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.