SmarterDividends

BAC vs TROW: Which Is the Better Dividend Stock?

As of Nov 9, 2026, BAC and TROW are closely matched. TROW offers the higher yield at 4.80%, TROW 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 TROW

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, T. Rowe Price Group, Inc. (TROW) has the higher forward dividend yield at 4.80%, versus 2.59% for Bank of America Corporation (BAC).
  • As of Nov 9, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and TROW's A (96/100).
  • By SmarterDividends' count as of Nov 9, 2026, BAC has raised its dividend for 12 consecutive years and TROW for 39.
  • As of Nov 9, 2026, BAC pays out 28% of its earnings as dividends and TROW pays out 52%.
  • As of Nov 9, 2026, BAC's fair-value estimate is 29% above its share price and TROW's fair-value estimate is 42% below its share price, so BAC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAC vs TROW: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/bac-vs-trow

MetricBACTROW
Forward yield2.59%4.80%
Annual dividend$1.28$5.20
Payout ratio28%52%
Years of growth12 yr39 yr
5-yr dividend growth8.4%7.1%
5-yr total return11%-46%
Dividend safety score85 (A)96 (A)
Fair value estimate$63.64$63.17
Upside to fair value+29%-42%
Frequencyquarterlyquarterly
Market cap$341.0B$23.1B
P/E ratio11.811.0

Higher yield

TROW

4.80%

Safer dividend

TROW

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+29% upside

BAC vs TROW — FAQ

Is BAC or TROW a better dividend stock?

BAC and TROW are closely matched. TROW has the higher yield; TROW scores better on safety.

Which has a higher dividend yield, BAC or TROW?

TROW has the higher forward dividend yield at 4.80%, versus 2.59% for BAC.

Is BAC or TROW safer?

TROW has the higher dividend-safety score (96/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.

Is BAC or TROW better value right now?

As of Nov 9, 2026, BAC looks like the better value: its fair-value estimate is 29% above its share price (undervalued). For TROW, its fair-value estimate is 42% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.