BAC vs VLYPP: Which Is the Better Dividend Stock?
As of Oct 30, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. VLYPP offers the higher yield at 7.99%, BAC has the higher dividend-safety score, and VLYPP looks like the better value (its fair-value estimate is 53% above its share price).
Key facts: BAC vs VLYPP
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Valley National Bancorp (VLYPP) has the higher forward dividend yield at 7.99%, versus 2.52% for Bank of America Corporation (BAC).
- As of Oct 30, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and VLYPP's A (80/100).
- By SmarterDividends' count as of Oct 30, 2026, BAC has raised its dividend for 12 consecutive years and VLYPP for 1.
- As of Oct 30, 2026, BAC's fair-value estimate is 24% above its share price and VLYPP's fair-value estimate is 53% above its share price, so VLYPP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs VLYPP: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/bac-vs-vlypp
| Metric | BAC | VLYPP |
|---|---|---|
| Forward yield | 2.52% | 7.99% |
| Annual dividend | $1.28 | $2.00 |
| Payout ratio | 26% | — |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 8.4% | 3.2% |
| 5-yr total return | 12% | -18% |
| Dividend safety score | 87 (A) | 80 (A) |
| Fair value estimate | $63.43 | $38.17 |
| Upside to fair value | +24% | +53% |
| Frequency | quarterly | quarterly |
| Market cap | $354.0B | — |
| P/E ratio | 12.2 | 22.5 |
Higher yield
VLYPP
7.99%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
VLYPP
+53% upside
BAC vs VLYPP — FAQ
Is BAC or VLYPP a better dividend stock?
On the data, BAC wins more head-to-head categories (4 vs 3). VLYPP offers the higher yield (7.99%), 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 VLYPP?
VLYPP has the higher forward dividend yield at 7.99%, versus 2.52% for BAC.
Is BAC or VLYPP safer?
BAC has the higher dividend-safety score (87/100 vs 80/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or VLYPP better value right now?
As of Oct 30, 2026, VLYPP looks like the better value: its fair-value estimate is 53% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.