BAC vs SCHW: Which Is the Better Dividend Stock?
As of September 2026, BAC and SCHW are closely matched. BAC offers the higher yield at 2.22%, SCHW has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+59%).
| Metric | BAC | SCHW |
|---|---|---|
| Forward yield | 2.22% | 1.22% |
| Annual dividend | $1.28 | $1.28 |
| Payout ratio | 26% | 21% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | 8.4% |
| 5-yr total return | 21% | 28% |
| Dividend safety score | 86 (A) | 95 (A) |
| Fair value estimate | $91.91 | $148.95 |
| Upside to fair value | +59% | +42% |
| Frequency | quarterly | quarterly |
| Market cap | $403.7B | $182.0B |
| P/E ratio | 13.3 | 19.2 |
Higher yield
BAC
2.22%
Safer dividend
SCHW
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+59% upside
BAC vs SCHW — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.