BAC vs MTG: Which Is the Better Dividend Stock?
As of September 2026, MTG (MGIC Investment Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MTG offers the higher yield at 2.19%, BAC has the higher dividend-safety score, and MTG trades at the larger discount to fair value (+47%).
| Metric | BAC | MTG |
|---|---|---|
| Forward yield | 2.04% | 2.19% |
| Annual dividend | $1.28 | $0.68 |
| Payout ratio | 26% | 19% |
| Years of growth | 12 yr | 5 yr |
| 5-yr dividend growth | 8.4% | 18.5% |
| 5-yr total return | 48% | 107% |
| Dividend safety score | 86 (A) | 81 (A) |
| Fair value estimate | $90.46 | $45.64 |
| Upside to fair value | +44% | +47% |
| Frequency | quarterly | quarterly |
| Market cap | $438.3B | $6.4B |
| P/E ratio | 14.5 | 9.7 |
Higher yield
MTG
2.19%
Safer dividend
BAC
Grade A
Faster growth
MTG
18.5%
Better value
MTG
+47% upside
BAC vs MTG — FAQ
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