SmarterDividends

BAC vs L: Which Is the Better Dividend Stock?

As of July 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 2.04%, L has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+65%).

MetricBACL
Forward yield2.04%0.21%
Annual dividend$1.28$0.25
Payout ratio26%3%
Years of growth12 yr0 yr
5-yr dividend growth8.4%0.0%
5-yr total return49%111%
Dividend safety score85 (A)99 (A)
Fair value estimate$102.38$190.40
Upside to fair value+65%+61%
Frequencyquarterlyquarterly
Market cap$428.6B$24.5B
P/E ratio14.515.2

Higher yield

BAC

2.04%

Safer dividend

L

Grade A

Faster growth

BAC

8.4%

Better value

BAC

+65% upside

BAC vs L — FAQ

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