BAC vs NMFC: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NMFC offers the higher yield at 17.22%, BAC has the higher dividend-safety score, and NMFC looks like the better value (its fair-value estimate is 178% above its share price).
Key facts: BAC vs NMFC
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, New Mountain Finance Corporation (NMFC) has the higher forward dividend yield at 17.22%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 27, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and NMFC's D (42/100).
- By SmarterDividends' count as of Oct 27, 2026, BAC has raised its dividend for 12 consecutive years and NMFC for 0.
- As of Oct 27, 2026, BAC's fair-value estimate is 26% above its share price and NMFC's fair-value estimate is 178% above its share price, so NMFC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs NMFC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bac-vs-nmfc
| Metric | BAC | NMFC |
|---|---|---|
| Forward yield | 2.53% | 17.22% |
| Annual dividend | $1.28 | $1.14 |
| Payout ratio | 26% | 800% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | 0.6% |
| 5-yr total return | 14% | -51% |
| Dividend safety score | 87 (A) | 42 (D) |
| Fair value estimate | $63.43 | $18.35 |
| Upside to fair value | +26% | +178% |
| Frequency | quarterly | quarterly |
| Market cap | $349.7B | $624.3M |
| P/E ratio | 12.1 | — |
Higher yield
NMFC
17.22%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
NMFC
+178% upside
BAC vs NMFC — FAQ
Is BAC or NMFC a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). NMFC offers the higher yield (17.22%), 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 NMFC?
NMFC has the higher forward dividend yield at 17.22%, versus 2.53% for BAC.
Is BAC or NMFC safer?
BAC has the higher dividend-safety score (87/100 vs 42/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or NMFC better value right now?
As of Oct 27, 2026, NMFC looks like the better value: its fair-value estimate is 178% above its share price (undervalued). For BAC, its fair-value estimate is 26% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.