Bendigo Bank and BOQ offer similar dividend yields but differ in valuation

Both banks offer investors similar dividend yields, just above 6%, and both dividends are fully franked.

Bendigo had the lower reported P/E ratio, a measure that compares a share price with company earnings.

BOQ’s reported P/E was much higher, though the article noted its figures may use different earnings measures.

The comparison shows why investors may weigh income against how each bank is valued.