BAC vs PGP: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. PGP offers the higher yield at 9.92%, BAC has the higher dividend-safety score, and PGP looks like the better value (its fair-value estimate is 48% above its share price).
Key facts: BAC vs PGP
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, PIMCO Global StocksPLUS & Income Fund (PGP) has the higher forward dividend yield at 9.92%, versus 2.48% for Bank of America Corporation (BAC).
- As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and PGP's B (71/100).
- By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and PGP for 0.
- As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and PGP pays out 46%.
- As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and PGP's fair-value estimate is 48% above its share price, so PGP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs PGP: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bac-vs-pgp
| Metric | BAC | PGP |
|---|---|---|
| Forward yield | 2.48% | 9.92% |
| Annual dividend | $1.28 | $0.83 |
| Payout ratio | 28% | 46% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | -2.8% |
| 5-yr total return | 12% | -24% |
| Dividend safety score | 87 (A) | 71 (B) |
| Fair value estimate | $63.43 | $12.09 |
| Upside to fair value | +25% | +48% |
| Frequency | quarterly | monthly |
| Market cap | $349.9B | $94.5M |
| P/E ratio | 12.1 | 4.6 |
Higher yield
PGP
9.92%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
PGP
+48% upside
BAC vs PGP — FAQ
Is BAC or PGP a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). PGP offers the higher yield (9.92%), 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 PGP?
PGP has the higher forward dividend yield at 9.92%, versus 2.48% for BAC.
Is BAC or PGP safer?
BAC has the higher dividend-safety score (87/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or PGP better value right now?
As of Nov 5, 2026, PGP looks like the better value: its fair-value estimate is 48% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.