BAC vs SCHW: Which Is the Better Dividend Stock?
As of July 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. BAC offers the higher yield at 1.83%, SCHW has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+66%).
| Metric | BAC | SCHW |
|---|---|---|
| Forward yield | 1.83% | 1.26% |
| Annual dividend | $1.12 | $1.28 |
| Payout ratio | 26% | 22% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | 8.4% |
| 5-yr total return | 47% | 39% |
| Dividend safety score | 85 (A) | 96 (A) |
| Fair value estimate | $101.75 | $151.83 |
| Upside to fair value | +66% | +50% |
| Frequency | quarterly | quarterly |
| Market cap | $424.0B | $178.3B |
| P/E ratio | 14.1 | 20.2 |
Higher yield
BAC
1.83%
Safer dividend
SCHW
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+66% upside
BAC vs SCHW — FAQ
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