BAC vs RY: Which Is the Better Dividend Stock?
As of July 2026, BAC and RY are closely matched. RY offers the higher yield at 2.37%, BAC has the higher dividend-safety score, and RY trades at the larger discount to fair value (+102%).
| Metric | BAC | RY |
|---|---|---|
| Forward yield | 1.83% | 2.37% |
| Annual dividend | $1.12 | $5.10 |
| Payout ratio | 26% | 41% |
| Years of growth | 12 yr | 10 yr |
| 5-yr dividend growth | 8.4% | 6.2% |
| 5-yr total return | 47% | 110% |
| Dividend safety score | 85 (A) | 75 (B) |
| Fair value estimate | $101.75 | $435.73 |
| Upside to fair value | +66% | +102% |
| Frequency | quarterly | quarterly |
| Market cap | $424.0B | $292.3B |
| P/E ratio | 14.1 | 19.9 |
Higher yield
RY
2.37%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
RY
+102% upside
BAC vs RY — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.