BAC vs PGC: Which Is the Better Dividend Stock?
As of Oct 18, 2026, BAC and PGC are closely matched. BAC offers the higher yield at 2.50%, PGC has the higher dividend-safety score, and PGC looks like the better value (its fair-value estimate is 73% above its share price).
Key facts: BAC vs PGC
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.50%, versus 0.46% for Peapack-Gladstone Financial Corporation (PGC).
- As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and PGC's A (90/100).
- By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and PGC for 0.
- As of Oct 18, 2026, BAC pays out 26% of its earnings as dividends and PGC pays out 7%.
- As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and PGC's fair-value estimate is 73% above its share price, so PGC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs PGC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-pgc
| Metric | BAC | PGC |
|---|---|---|
| Forward yield | 2.50% | 0.46% |
| Annual dividend | $1.28 | $0.20 |
| Payout ratio | 26% | 7% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | 0.0% |
| 5-yr total return | 15% | 31% |
| Dividend safety score | 87 (A) | 90 (A) |
| Fair value estimate | $63.43 | $74.98 |
| Upside to fair value | +24% | +73% |
| Frequency | quarterly | quarterly |
| Market cap | $358.2B | $769.0M |
| P/E ratio | 12.2 | 15.1 |
Higher yield
BAC
2.50%
Safer dividend
PGC
Grade A
Faster growth
BAC
8.4%
Better value
PGC
+73% upside
BAC vs PGC — FAQ
Is BAC or PGC a better dividend stock?
BAC and PGC are closely matched. BAC has the higher yield; PGC scores better on safety.
Which has a higher dividend yield, BAC or PGC?
BAC has the higher forward dividend yield at 2.50%, versus 0.46% for PGC.
Is BAC or PGC safer?
PGC has the higher dividend-safety score (90/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or PGC better value right now?
As of Oct 18, 2026, PGC looks like the better value: its fair-value estimate is 73% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.