BAC vs WFC: Which Is the Better Dividend Stock?
As of Oct 8, 2026, BAC and WFC are closely matched. WFC offers the higher yield at 2.49%, BAC has the higher dividend-safety score, and WFC looks like the better value (its fair-value estimate is 31% above its share price).
Key facts: BAC vs WFC
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, Wells Fargo & Company (WFC) has the higher forward dividend yield at 2.49%, versus 2.37% for Bank of America Corporation (BAC).
- As of Oct 8, 2026, SmarterDividends grades BAC's dividend safety A (86/100) and WFC's B (72/100).
- By SmarterDividends' count as of Oct 8, 2026, BAC has raised its dividend for 12 consecutive years and WFC for 4.
- As of Oct 8, 2026, BAC pays out 26% of its earnings as dividends and WFC pays out 26%.
- As of Oct 8, 2026, BAC's fair-value estimate is 23% above its share price and WFC's fair-value estimate is 31% above its share price, so WFC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs WFC: Dividend Yield, Safety & Value Compared," updated Oct 8, 2026, https://smarterdividends.com/compare/bac-vs-wfc
| Metric | BAC | WFC |
|---|---|---|
| Forward yield | 2.37% | 2.49% |
| Annual dividend | $1.28 | $2.00 |
| Payout ratio | 26% | 26% |
| Years of growth | 12 yr | 4 yr |
| 5-yr dividend growth | 8.4% | 6.9% |
| 5-yr total return | 12% | 57% |
| Dividend safety score | 86 (A) | 72 (B) |
| Fair value estimate | $65.58 | $104.90 |
| Upside to fair value | +23% | +31% |
| Frequency | quarterly | quarterly |
| Market cap | $374.3B | $242.7B |
| P/E ratio | 12.5 | 11.7 |
Higher yield
WFC
2.49%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
WFC
+31% upside
BAC vs WFC — FAQ
Is BAC or WFC a better dividend stock?
BAC and WFC are closely matched. WFC has the higher yield; BAC scores better on safety.
Which has a higher dividend yield, BAC or WFC?
WFC has the higher forward dividend yield at 2.49%, versus 2.37% for BAC.
Is BAC or WFC safer?
BAC has the higher dividend-safety score (86/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or WFC better value right now?
As of Oct 8, 2026, WFC looks like the better value: its fair-value estimate is 31% above its share price (undervalued). For BAC, its fair-value estimate is 23% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.