SmarterDividends

BAC vs RGA: Which Is the Better Dividend Stock?

As of August 2026, RGA (Reinsurance Group of America, Incorporated) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BAC offers the higher yield at 2.07%, RGA has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+25%).

MetricBACRGA
Forward yield2.07%1.61%
Annual dividend$1.28$3.92
Payout ratio26%16%
Years of growth12 yr16 yr
5-yr dividend growth8.4%5.4%
5-yr total return45%119%
Dividend safety score83 (A)94 (A)
Fair value estimate$77.08$201.34
Upside to fair value+25%-17%
Frequencyquarterlyquarterly
Market cap$431.4B$15.9B
P/E ratio14.210.7

Higher yield

BAC

2.07%

Safer dividend

RGA

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+25% upside

BAC vs RGA — FAQ

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