BAC vs WFC: Which Is the Better Dividend Stock?
As of Oct 29, 2026, BAC (Bank of America Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BAC offers the higher yield at 2.53%, 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 29, 2026, Bank of America Corporation (BAC) has the higher forward dividend yield at 2.53%, versus 2.42% for Wells Fargo & Company (WFC).
- As of Oct 29, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and WFC's B (74/100).
- By SmarterDividends' count as of Oct 29, 2026, BAC has raised its dividend for 12 consecutive years and WFC for 4.
- As of Oct 29, 2026, BAC pays out 26% of its earnings as dividends and WFC pays out 26%.
- As of Oct 29, 2026, BAC's fair-value estimate is 25% 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 29, 2026, https://smarterdividends.com/compare/bac-vs-wfc
| Metric | BAC | WFC |
|---|---|---|
| Forward yield | 2.53% | 2.42% |
| 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 | 14% | 72% |
| Dividend safety score | 87 (A) | 74 (B) |
| Fair value estimate | $63.43 | $109.43 |
| Upside to fair value | +25% | +31% |
| Frequency | quarterly | quarterly |
| Market cap | $352.0B | $251.1B |
| P/E ratio | 12.1 | 11.8 |
Higher yield
BAC
2.53%
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?
On the data, BAC wins more head-to-head categories (5 vs 3). BAC offers the higher yield (2.53%), 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 WFC?
BAC has the higher forward dividend yield at 2.53%, versus 2.42% for WFC.
Is BAC or WFC safer?
BAC has the higher dividend-safety score (87/100 vs 74/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or WFC better value right now?
As of Oct 29, 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 25% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.