SmarterDividends

BAC vs TYG: Which Is the Better Dividend Stock?

As of Nov 8, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. TYG offers the higher yield at 15.88%, BAC has the higher dividend-safety score.

Key facts: BAC vs TYG

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Tortoise Energy Infrastructure Corporation (TYG) has the higher forward dividend yield at 15.88%, versus 2.59% for Bank of America Corporation (BAC).
  • As of Nov 8, 2026, SmarterDividends grades BAC's dividend safety A (85/100) and TYG's C (57/100).
  • By SmarterDividends' count as of Nov 8, 2026, BAC has raised its dividend for 12 consecutive years and TYG for 0.
  • As of Nov 8, 2026, BAC pays out 28% of its earnings as dividends and TYG pays out 77%.
Cite this page

SmarterDividends, "BAC vs TYG: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bac-vs-tyg

MetricBACTYG
Forward yield2.59%15.88%
Annual dividend$1.28$5.70
Payout ratio28%77%
Years of growth12 yr0 yr
5-yr dividend growth8.4%5.0%
5-yr total return11%32%
Dividend safety score85 (A)57 (C)
Fair value estimate$63.64—
Upside to fair value+29%—
Frequencyquarterlymonthly
Market cap$341.0B$911.9M
P/E ratio11.85.0

Higher yield

TYG

15.88%

Safer dividend

BAC

Grade A

Faster growth

BAC

8.4%

BAC vs TYG — FAQ

Is BAC or TYG a better dividend stock?

On the data, BAC wins more head-to-head categories (4 vs 3). TYG offers the higher yield (15.88%), 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 TYG?

TYG has the higher forward dividend yield at 15.88%, versus 2.59% for BAC.

Is BAC or TYG safer?

BAC has the higher dividend-safety score (85/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.

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