SmarterDividends

BAC vs NZF: Which Is the Better Dividend Stock?

As of September 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. NZF offers the higher yield at 8.49%, BAC has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+59%).

MetricBACNZF
Forward yield2.29%8.49%
Annual dividend$1.28$0.95
Payout ratio26%105%
Years of growth12 yr2 yr
5-yr dividend growth8.4%4.6%
5-yr total return21%-32%
Dividend safety score86 (A)53 (C)
Fair value estimate$91.91$17.65
Upside to fair value+59%+54%
Frequencyquarterlymonthly
Market cap$390.9B$2.2B
P/E ratio12.912.2

Higher yield

NZF

8.49%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+59% upside

BAC vs NZF — FAQ

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