BAC vs PCF: Which Is the Better Dividend Stock?
As of Oct 20, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. PCF offers the higher yield at 13.78%, BAC has the higher dividend-safety score, and PCF looks like the better value (its fair-value estimate is 36% above its share price).
Key facts: BAC vs PCF
Data as of · Source: SmarterDividends data
- As of Oct 20, 2026, High Income Securities Fund (PCF) has the higher forward dividend yield at 13.78%, versus 2.54% for Bank of America Corporation (BAC).
- As of Oct 20, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and PCF's C (54/100).
- By SmarterDividends' count as of Oct 20, 2026, BAC has raised its dividend for 12 consecutive years and PCF for 0.
- As of Oct 20, 2026, BAC pays out 26% of its earnings as dividends and PCF pays out 338%.
- As of Oct 20, 2026, BAC's fair-value estimate is 26% above its share price and PCF's fair-value estimate is 36% above its share price, so PCF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs PCF: Dividend Yield, Safety & Value Compared," updated Oct 20, 2026, https://smarterdividends.com/compare/bac-vs-pcf
| Metric | BAC | PCF |
|---|---|---|
| Forward yield | 2.54% | 13.78% |
| Annual dividend | $1.28 | $0.70 |
| Payout ratio | 26% | 338% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | -6.4% |
| 5-yr total return | 15% | -40% |
| Dividend safety score | 87 (A) | 54 (C) |
| Fair value estimate | $63.43 | $6.89 |
| Upside to fair value | +26% | +36% |
| Frequency | quarterly | monthly |
| Market cap | $352.4B | $94.5M |
| P/E ratio | 12.0 | 24.0 |
Higher yield
PCF
13.78%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
PCF
+36% upside
BAC vs PCF — FAQ
Is BAC or PCF a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). PCF offers the higher yield (13.78%), 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 PCF?
PCF has the higher forward dividend yield at 13.78%, versus 2.54% for BAC.
Is BAC or PCF safer?
BAC has the higher dividend-safety score (87/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or PCF better value right now?
As of Oct 20, 2026, PCF looks like the better value: its fair-value estimate is 36% above its share price (undervalued). For BAC, its fair-value estimate is 26% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.