BAC vs SMFG: Which Is the Better Dividend Stock?
As of Nov 8, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 6 head-to-head metrics. BAC offers the higher yield at 2.59%, BAC has the higher dividend-safety score, and BAC looks like the better value (its fair-value estimate is 29% above its share price).
Key facts: BAC vs SMFG
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.59%, versus 2.54% for Sumitomo Mitsui Financial Group, Inc. (SMFG).
- By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and SMFG for 1.
- As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and SMFG pays out 34%.
- As of Nov 8, 2026, BAC's fair-value estimate is 29% above its share price and SMFG's fair-value estimate is 10% above its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs SMFG: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-smfg
| Metric | BAC | SMFG |
|---|---|---|
| Forward yield | 2.59% | 2.54% |
| Annual dividend | $1.28 | $0.59 |
| Payout ratio | 28% | 34% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 11% | 311% |
| Dividend safety score | 85 (A) | — |
| Fair value estimate | $63.64 | $25.71 |
| Upside to fair value | +29% | +10% |
| Frequency | quarterly | semiannual |
| Market cap | $341.0B | $146.2B |
| P/E ratio | 11.8 | 13.5 |
Higher yield
BAC
2.59%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+29% upside
BAC vs SMFG — FAQ
Is BAC or SMFG a better dividend stock?
On the data, BAC wins more head-to-head categories (5 vs 1). BAC offers the higher yield (2.59%), while BAC 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 SMFG?
BAC has the higher forward dividend yield at 2.59%, versus 2.54% for SMFG.
Is BAC or SMFG safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is BAC or SMFG better value right now?
As of Nov 8, 2026, BAC looks like the better value: its fair-value estimate is 29% above its share price (undervalued). For SMFG, its fair-value estimate is 10% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.