BAC vs RJF: Which Is the Better Dividend Stock?
As of Oct 30, 2026, RJF (Raymond James Financial, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. BAC offers the higher yield at 2.52%, RJF has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: BAC vs RJF
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.52%, versus 1.37% for Raymond James Financial, Inc. (RJF).
- As of Oct 30, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and RJF's A (99/100).
- By SmarterDividends' count as of Oct 30, 2026, BAC has raised its dividend for 12 consecutive years and RJF for 16.
- As of Oct 30, 2026, BAC pays out 26% of its earnings as dividends and RJF pays out 18%.
- As of Oct 30, 2026, BAC's fair-value estimate is 24% above its share price and RJF's fair-value estimate is 2% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs RJF: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/bac-vs-rjf
| Metric | BAC | RJF |
|---|---|---|
| Forward yield | 2.52% | 1.37% |
| Annual dividend | $1.28 | $2.16 |
| Payout ratio | 26% | 18% |
| Years of growth | 12 yr | 16 yr |
| 5-yr dividend growth | 8.4% | 15.2% |
| 5-yr total return | 12% | 60% |
| Dividend safety score | 87 (A) | 99 (A) |
| Fair value estimate | $63.43 | $164.38 |
| Upside to fair value | +24% | +2% |
| Frequency | quarterly | quarterly |
| Market cap | $354.0B | $31.0B |
| P/E ratio | 12.2 | 13.5 |
Higher yield
BAC
2.52%
Safer dividend
RJF
Grade A
Faster growth
RJF
15.2%
Better value
BAC
+24% upside
BAC vs RJF — FAQ
Is BAC or RJF a better dividend stock?
On the data, RJF wins more head-to-head categories (6 vs 2). BAC offers the higher yield (2.52%), while RJF 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 RJF?
BAC has the higher forward dividend yield at 2.52%, versus 1.37% for RJF.
Is BAC or RJF safer?
RJF has the higher dividend-safety score (99/100 vs 87/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or RJF better value right now?
As of Oct 30, 2026, BAC looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For RJF, its fair-value estimate is 2% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.