SmarterDividends

BAC vs NRO: Which Is the Better Dividend Stock?

As of Nov 14, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NRO offers the higher yield at 12.32%, BAC has the higher dividend-safety score, and NRO looks like the better value (its fair-value estimate is 40% above its share price).

Key facts: BAC vs NRO

Data as of · Source: SmarterDividends data

  • As of Nov 14, 2026, Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. (NRO) has the higher forward dividend yield at 12.32%, versus 2.51% for Bank of America Corporation (BAC).
  • As of Nov 14, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and NRO's C (59/100).
  • By SmarterDividends' count as of Nov 14, 2026, BAC has raised its dividend for 12 consecutive years and NRO for 1.
  • As of Nov 14, 2026, BAC pays out 28% of its earnings as dividends and NRO pays out 104%.
  • As of Nov 14, 2026, BAC's fair-value estimate is 25% above its share price and NRO's fair-value estimate is 40% above its share price, so NRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs NRO: Dividend Yield, Safety & Value Compared," updated Nov 14, 2026, https://smarterdividends.com/compare/bac-vs-nro

MetricBACNRO
Forward yield2.51%12.32%
Annual dividend$1.28$0.37
Payout ratio28%104%
Years of growth12 yr1 yr
5-yr dividend growth8.4%-4.1%
5-yr total return15%-43%
Dividend safety score85 (A)59 (C)
Fair value estimate$63.64$3.74
Upside to fair value+25%+40%
Frequencyquarterlymonthly
Market cap$352.0B$169.2M
P/E ratio12.27.4

Higher yield

NRO

12.32%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

NRO

+40% upside

BAC vs NRO — FAQ

Is BAC or NRO a better dividend stock?

On the data, BAC wins more head-to-head categories (6 vs 2). NRO offers the higher yield (12.32%), 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 NRO?

NRO has the higher forward dividend yield at 12.32%, versus 2.51% for BAC.

Is BAC or NRO safer?

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

Is BAC or NRO better value right now?

As of Nov 14, 2026, NRO looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.

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