SmarterDividends

BAC vs NTRS: Which Is the Better Dividend Stock?

As of Oct 23, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BAC offers the higher yield at 2.51%, NTRS has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 24% above its share price).

Key facts: BAC vs NTRS

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.51%, versus 2.12% for Northern Trust Corporation (NTRS).
  • As of Oct 23, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and NTRS's A (94/100).
  • By SmarterDividends' count as of Oct 23, 2026, BAC has raised its dividend for 12 consecutive years and NTRS for 1.
  • As of Oct 23, 2026, BAC pays out 26% of its earnings as dividends and NTRS pays out 27%.
  • As of Oct 23, 2026, BAC's fair-value estimate is 24% above its share price and NTRS's fair-value estimate is 4% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs NTRS: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/bac-vs-ntrs

MetricBACNTRS
Forward yield2.51%2.12%
Annual dividend$1.28$3.28
Payout ratio26%27%
Years of growth12 yr1 yr
5-yr dividend growth8.4%2.1%
5-yr total return15%43%
Dividend safety score87 (A)94 (A)
Fair value estimate$63.43$172.36
Upside to fair value+24%+4%
Frequencyquarterlyquarterly
Market cap$357.2B$30.3B
P/E ratio12.213.1

Higher yield

BAC

2.51%

Safer dividend

NTRS

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+24% upside

BAC vs NTRS — FAQ

Is BAC or NTRS a better dividend stock?

On the data, BAC wins more head-to-head categories (5 vs 3). BAC offers the higher yield (2.51%), while NTRS 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 NTRS?

BAC has the higher forward dividend yield at 2.51%, versus 2.12% for NTRS.

Is BAC or NTRS safer?

NTRS has the higher dividend-safety score (94/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or NTRS better value right now?

As of Oct 23, 2026, BAC looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For NTRS, its fair-value estimate is 4% above its share price.

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