BAC vs TCPC: Which Is the Better Dividend Stock?
As of Oct 27, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. TCPC offers the higher yield at 19.41%, BAC has the higher dividend-safety score, and TCPC looks like the better value (its fair-value estimate is 145% above its share price).
Key facts: BAC vs TCPC
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, BlackRock TCP Capital Corp. (TCPC) has the higher forward dividend yield at 19.41%, versus 2.53% for Bank of America Corporation (BAC).
- As of Oct 27, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and TCPC's D (41/100).
- By SmarterDividends' count as of Oct 27, 2026, BAC has raised its dividend for 12 consecutive years and TCPC for 0.
- As of Oct 27, 2026, BAC pays out 26% of its earnings as dividends and TCPC pays out 389%.
- As of Oct 27, 2026, BAC's fair-value estimate is 26% above its share price and TCPC's fair-value estimate is 145% above its share price, so TCPC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs TCPC: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/bac-vs-tcpc
| Metric | BAC | TCPC |
|---|---|---|
| Forward yield | 2.53% | 19.41% |
| Annual dividend | $1.28 | $0.76 |
| Payout ratio | 26% | 389% |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | -3.2% |
| 5-yr total return | 14% | -70% |
| Dividend safety score | 87 (A) | 41 (D) |
| Fair value estimate | $63.43 | $9.56 |
| Upside to fair value | +26% | +145% |
| Frequency | quarterly | quarterly |
| Market cap | $349.7B | $328.1M |
| P/E ratio | 12.1 | — |
Higher yield
TCPC
19.41%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
TCPC
+145% upside
BAC vs TCPC — FAQ
Is BAC or TCPC a better dividend stock?
On the data, BAC wins more head-to-head categories (6 vs 2). TCPC offers the higher yield (19.41%), 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 TCPC?
TCPC has the higher forward dividend yield at 19.41%, versus 2.53% for BAC.
Is BAC or TCPC safer?
BAC has the higher dividend-safety score (87/100 vs 41/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or TCPC better value right now?
As of Oct 27, 2026, TCPC looks like the better value: its fair-value estimate is 145% above its share price (undervalued). For BAC, its fair-value estimate is 26% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.