BAC vs RF: Which Is the Better Dividend Stock?
As of Oct 18, 2026, RF (Regions Financial Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RF offers the higher yield at 4.39%, BAC has the higher dividend-safety score, and RF looks like the better value (its fair-value estimate is 58% above its share price).
Key facts: BAC vs RF
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Regions Financial Corporation (RF) has the higher forward dividend yield at 4.39%, versus 2.50% for Bank of America Corporation (BAC).
- As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and RF's A (86/100).
- By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and RF for 13.
- As of Oct 18, 2026, BAC pays out 26% of its earnings as dividends and RF pays out 43%.
- As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and RF's fair-value estimate is 58% above its share price, so RF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs RF: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-rf
| Metric | BAC | RF |
|---|---|---|
| Forward yield | 2.50% | 4.39% |
| Annual dividend | $1.28 | $1.20 |
| Payout ratio | 26% | 43% |
| Years of growth | 12 yr | 13 yr |
| 5-yr dividend growth | 8.4% | 10.7% |
| 5-yr total return | 15% | 21% |
| Dividend safety score | 87 (A) | 86 (A) |
| Fair value estimate | $63.43 | $43.41 |
| Upside to fair value | +24% | +58% |
| Frequency | quarterly | quarterly |
| Market cap | $358.2B | $23.4B |
| P/E ratio | 12.2 | 11.2 |
Higher yield
RF
4.39%
Safer dividend
BAC
Grade A
Faster growth
RF
10.7%
Better value
RF
+58% upside
BAC vs RF — FAQ
Is BAC or RF a better dividend stock?
On the data, RF wins more head-to-head categories (5 vs 3). RF offers the higher yield (4.39%), 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 RF?
RF has the higher forward dividend yield at 4.39%, versus 2.50% for BAC.
Is BAC or RF safer?
BAC has the higher dividend-safety score (87/100 vs 86/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or RF better value right now?
As of Oct 18, 2026, RF looks like the better value: its fair-value estimate is 58% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.