SmarterDividends

BAC vs NUW: Which Is the Better Dividend Stock?

As of Nov 5, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. NUW offers the higher yield at 4.24%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 25% above its share price).

Key facts: BAC vs NUW

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Nuveen AMT-Free Municipal Value Fund (NUW) has the higher forward dividend yield at 4.24%, versus 2.48% for Bank of America Corporation (BAC).
  • As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and NUW's C (62/100).
  • By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and NUW for 4.
  • As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and NUW pays out 67%.
  • As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and NUW's fair-value estimate is 14% below its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs NUW: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bac-vs-nuw

MetricBACNUW
Forward yield2.48%4.24%
Annual dividend$1.28$0.58
Payout ratio28%67%
Years of growth12 yr4 yr
5-yr dividend growth8.4%4.7%
5-yr total return12%-17%
Dividend safety score87 (A)62 (C)
Fair value estimate$63.43$11.86
Upside to fair value+25%-14%
Frequencyquarterlymonthly
Market cap$349.9B$246.1M
P/E ratio12.115.8

Higher yield

NUW

4.24%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+25% upside

BAC vs NUW — FAQ

Is BAC or NUW a better dividend stock?

On the data, BAC wins more head-to-head categories (7 vs 1). NUW offers the higher yield (4.24%), 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 NUW?

NUW has the higher forward dividend yield at 4.24%, versus 2.48% for BAC.

Is BAC or NUW safer?

BAC has the higher dividend-safety score (87/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or NUW better value right now?

As of Nov 5, 2026, BAC looks like the better value: its fair-value estimate is 25% above its share price (undervalued). For NUW, its fair-value estimate is 14% below its share price.

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