BAC vs SLM

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

BAC

Bank of America Corporation

1.86%

TTM yield · Quarterly

VS

SLM

SLM Corporation

1.98%

TTM yield · Quarterly

Quick take

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

Side by side

MetricBACSLM
Share price$62.39$26.28
TTM yield1.86%1.98%
Forward yield2.05%1.98%
Annual payout per share$1.28$0.52
Payment frequencyQuarterlyQuarterly
Next ex-dateDec 4, 2026 (est.)Dec 4, 2026 (est.)
Payout ratio (earnings)26%14%
1-year payout growth+9.4%+0.0%
5-year payout CAGR+9.1%+34.1%
Consecutive years of increases5 years0 years
Payout consistency (last 12)92/10092/100
1-year total return+25.2%-14.3%
1-year price return+23.0%-16.0%
Size (market cap / AUM)436.3B4.9B
Years paying40.339.5
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

BACSLM
Shares160.3380.5
Income per year$205$198
Income per month (avg)$17$16

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

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.
SLM Dec 4, 2026Dec 15, 2026$0.13Est.
SLM Mar 5, 2027Mar 16, 2027$0.13Est.
SLM Jun 4, 2027Jun 15, 2027$0.13Est.

Annual payouts per share

BACSLM

Annual dividend per share, BAC vs SLM, 2019 to 2026SLMBAC$0.00$0.60$1.20BAC 2019: $0.66SLM 2019: $0.122019BAC 2020: $0.72SLM 2020: $0.122020BAC 2021: $0.78SLM 2021: $0.202021BAC 2022: $0.86SLM 2022: $0.442022BAC 2023: $0.92SLM 2023: $0.442023BAC 2024: $1.00SLM 2024: $0.462024BAC 2025: $1.08SLM 2025: $0.522025BAC 2026 (YTD): $0.88SLM 2026 (YTD): $0.392026 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 SLM?

SLM currently has the higher trailing yield: BAC yields 1.86% and SLM yields 1.98%. Yield changes daily with price, so check the live figures above.

How often do BAC and SLM pay?

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

Which has grown its dividend faster, BAC or SLM?

SLM has grown its payout faster: 34.1%/yr vs 9.1%/yr over the last 5 years.

Is BAC or SLM better for income?

It depends on what you are optimising for. BAC and SLM 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 →
SLM dividend history →

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