BAC vs USB: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BAC and USB are closely matched. USB offers the higher yield at 3.54%, BAC has the higher dividend-safety score, and USB looks like the better value (its fair-value estimate is 46% above its share price).
Key facts: BAC vs USB
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, U.S. Bancorp (USB) has the higher forward dividend yield at 3.54%, versus 2.48% for Bank of America Corporation (BAC).
- As of Nov 5, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and USB's A (86/100).
- By SmarterDividends' count as of Nov 5, 2026, BAC has raised its dividend for 12 consecutive years and USB for 15.
- As of Nov 5, 2026, BAC pays out 28% of its earnings as dividends and USB pays out 42%.
- As of Nov 5, 2026, BAC's fair-value estimate is 25% above its share price and USB's fair-value estimate is 46% above its share price, so USB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs USB: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bac-vs-usb
| Metric | BAC | USB |
|---|---|---|
| Forward yield | 2.48% | 3.54% |
| Annual dividend | $1.28 | $2.16 |
| Payout ratio | 28% | 42% |
| Years of growth | 12 yr | 15 yr |
| 5-yr dividend growth | 8.4% | 4.0% |
| 5-yr total return | 12% | 7% |
| Dividend safety score | 87 (A) | 86 (A) |
| Fair value estimate | $63.43 | $87.63 |
| Upside to fair value | +25% | +46% |
| Frequency | quarterly | quarterly |
| Market cap | $349.9B | $93.8B |
| P/E ratio | 12.1 | 11.7 |
Higher yield
USB
3.54%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
USB
+46% upside
BAC vs USB — FAQ
Is BAC or USB a better dividend stock?
BAC and USB are closely matched. USB has the higher yield; BAC scores better on safety.
Which has a higher dividend yield, BAC or USB?
USB has the higher forward dividend yield at 3.54%, versus 2.48% for BAC.
Is BAC or USB safer?
BAC has the higher dividend-safety score (87/100 vs 86/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or USB better value right now?
As of Nov 5, 2026, USB looks like the better value: its fair-value estimate is 46% above its share price (undervalued). For BAC, its fair-value estimate is 25% above its share price.
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