BAC vs SCHW

Bank of America Corporation compared with The Charles Schwab Corporation on yield, payout growth, payment schedule, cost and risk.

BAC

Bank of America Corporation

1.86%

TTM yield · Quarterly

VS

SCHW

The Charles Schwab Corporation

1.15%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricBACSCHW
Share price$62.39$106.87
TTM yield1.86%1.15%
Forward yield2.05%1.20%
Annual payout per share$1.28$1.28
Payment frequencyQuarterlyQuarterly
Next ex-dateDec 4, 2026 (est.)Nov 13, 2026 (est.)
Payout ratio (earnings)26%21%
1-year payout growth+9.4%+16.0%
5-year payout CAGR+9.1%+11.3%
Consecutive years of increases5 years1 year
Payout consistency (last 12)92/10090/100
1-year total return+25.2%+12.8%
1-year price return+23.0%+11.5%
Size (market cap / AUM)436.3B184.8B
Years paying40.337.3
Payout risk (heuristic)LowLow
Sector / categoryFinancial ServicesFinancial Services

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

BACSCHW
Shares160.393.6
Income per year$205$120
Income per month (avg)$17$10

At forward yields, before taxes. Model BAC · Model SCHW

Next payments

Ex-datePay datePer shareStatus
BAC Dec 4, 2026Dec 18, 2026$0.32Est.
BAC Mar 5, 2027Mar 19, 2027$0.32Est.
BAC Jun 4, 2027Jun 18, 2027$0.32Est.
SCHW Nov 13, 2026Nov 27, 2026$0.32Est.
SCHW Feb 12, 2027Feb 26, 2027$0.32Est.
SCHW May 14, 2027May 28, 2027$0.32Est.

Annual payouts per share

BACSCHW

Annual dividend per share, BAC vs SCHW, 2019 to 2026SCHWBAC$0.00$0.60$1.20BAC 2019: $0.66SCHW 2019: $0.682019BAC 2020: $0.72SCHW 2020: $0.722020BAC 2021: $0.78SCHW 2021: $0.722021BAC 2022: $0.86SCHW 2022: $0.842022BAC 2023: $0.92SCHW 2023: $1.002023BAC 2024: $1.00SCHW 2024: $1.002024BAC 2025: $1.08SCHW 2025: $1.082025BAC 2026 (YTD): $0.88SCHW 2026 (YTD): $0.962026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, BAC or SCHW?

BAC currently has the higher trailing yield: BAC yields 1.86% and SCHW yields 1.15%. Yield changes daily with price, so check the live figures above.

How often do BAC and SCHW pay?

BAC pays every quarter and SCHW pays every quarter. BAC's next ex-date is Dec 4, 2026 and SCHW's is Nov 13, 2026.

Which has grown its dividend faster, BAC or SCHW?

SCHW has grown its payout faster: 11.3%/yr vs 9.1%/yr over the last 5 years.

Is BAC or SCHW better for income?

It depends on what you are optimising for. BAC and SCHW differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

BAC dividend history →
SCHW dividend history →

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