SmarterDividends

BAC vs OBDC: Which Is the Better Dividend Stock?

As of Oct 18, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. OBDC offers the higher yield at 12.27%, BAC has the higher dividend-safety score, and OBDC looks like the better value (its fair-value estimate is 27% above its share price).

Key facts: BAC vs OBDC

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Blue Owl Capital Corporation (OBDC) has the higher forward dividend yield at 12.27%, versus 2.50% for Bank of America Corporation (BAC).
  • As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and OBDC's D (44/100).
  • By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and OBDC for 2.
  • As of Oct 18, 2026, BAC pays out 26% of its earnings as dividends and OBDC pays out 257%.
  • As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and OBDC's fair-value estimate is 27% above its share price, so OBDC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs OBDC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-obdc

MetricBACOBDC
Forward yield2.50%12.27%
Annual dividend$1.28$1.24
Payout ratio26%257%
Years of growth12 yr2 yr
5-yr dividend growth8.4%-10.6%
5-yr total return15%-27%
Dividend safety score87 (A)44 (D)
Fair value estimate$63.43$12.87
Upside to fair value+24%+27%
Frequencyquarterlyquarterly
Market cap$358.2B$5.0B
P/E ratio12.218.1

Higher yield

OBDC

12.27%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

Better value

OBDC

+27% upside

BAC vs OBDC — FAQ

Is BAC or OBDC a better dividend stock?

On the data, BAC wins more head-to-head categories (6 vs 2). OBDC offers the higher yield (12.27%), 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 OBDC?

OBDC has the higher forward dividend yield at 12.27%, versus 2.50% for BAC.

Is BAC or OBDC safer?

BAC has the higher dividend-safety score (87/100 vs 44/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or OBDC better value right now?

As of Oct 18, 2026, OBDC looks like the better value: its fair-value estimate is 27% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.

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