BAC vs SPMC: Which Is the Better Dividend Stock?
As of Oct 27, 2026, SPMC (Sound Point Meridian Capital, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. SPMC offers the higher yield at 23.84%, BAC has the higher dividend-safety score.
Key facts: BAC vs SPMC
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Sound Point Meridian Capital, Inc. (SPMC) has the higher forward dividend yield at 23.84%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 27, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and SPMC's D (42/100).
- By SmarterDividends' count as of Oct 27, 2026, BAC has raised its dividend for 12 consecutive years and SPMC for 1.
Cite this page
SmarterDividends, "BAC vs SPMC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bac-vs-spmc
| Metric | BAC | SPMC |
|---|---|---|
| Forward yield | 2.53% | 23.84% |
| Annual dividend | $1.28 | $1.33 |
| Payout ratio | 26% | 0% |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 14% | — |
| Dividend safety score | 87 (A) | 42 (D) |
| Fair value estimate | $63.43 | — |
| Upside to fair value | +26% | — |
| Frequency | quarterly | monthly |
| Market cap | $349.7B | $114.6M |
| P/E ratio | 12.1 | — |
Higher yield
SPMC
23.84%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
BAC vs SPMC — FAQ
Is BAC or SPMC a better dividend stock?
On the data, SPMC wins more head-to-head categories (3 vs 2). SPMC offers the higher yield (23.84%), 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 SPMC?
SPMC has the higher forward dividend yield at 23.84%, versus 2.53% for BAC.
Is BAC or SPMC safer?
BAC has the higher dividend-safety score (87/100 vs 42/100), reflecting stronger payout coverage and dividend-growth history.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.