BAC vs PFG: Which Is the Better Dividend Stock?
As of September 2026, PFG (Principal Financial Group, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. PFG offers the higher yield at 2.74%, PFG has the higher dividend-safety score, and BAC trades at the larger discount to fair value (+46%).
| Metric | BAC | PFG |
|---|---|---|
| Forward yield | 2.04% | 2.74% |
| Annual dividend | $1.28 | $3.19 |
| Payout ratio | 26% | — |
| Years of growth | 12 yr | 13 yr |
| 5-yr dividend growth | 8.4% | 6.6% |
| 5-yr total return | 47% | 73% |
| Dividend safety score | 85 (A) | 87 (A) |
| Fair value estimate | $90.94 | $114.30 |
| Upside to fair value | +46% | +3% |
| Frequency | quarterly | quarterly |
| Market cap | $440.8B | $25.4B |
| P/E ratio | 14.5 | 16.9 |
Higher yield
PFG
2.74%
Safer dividend
PFG
Grade A
Faster growth
BAC
8.4%
Better value
BAC
+46% upside
BAC vs PFG — FAQ
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