SmarterDividends

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%).

MetricBACMTG
Forward yield2.04%2.19%
Annual dividend$1.28$0.68
Payout ratio26%19%
Years of growth12 yr5 yr
5-yr dividend growth8.4%18.5%
5-yr total return48%107%
Dividend safety score86 (A)81 (A)
Fair value estimate$90.46$45.64
Upside to fair value+44%+47%
Frequencyquarterlyquarterly
Market cap$438.3B$6.4B
P/E ratio14.59.7

Higher yield

MTG

2.19%

Safer dividend

BAC

Grade A

Faster growth

MTG

18.5%

Better value

MTG

+47% upside

BAC vs MTG — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.