13 Best High Dividend Stocks to Buy Under $100

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12. Bank of America Corporation (NYSE:BAC)

Share Price as of the Close of September 17: $51.48

Bank of America Corporation (NYSE:BAC) ranks among the largest financial institutions globally, with operations spanning the US and more than 35 international markets. Its stock has delivered impressive results, climbing nearly 107% over the past five years. According to analysts, the bank could carry that momentum into the next five years, largely driven by one key growth engine: its consumer investment business.

This segment covers brokerage accounts, wealth management, and financial advisory services. In the fourth quarter of 2024, Bank of America Corporation (NYSE:BAC)’s consumer investment assets surpassed $500 billion for the first time in its history.

Management highlighted that these assets have doubled roughly every five years, and the bank anticipates reaching $1 trillion over the next five years. By the second quarter of 2025, assets had already risen to about $540 billion, marking a 13% year-over-year increase.

In addition to this, Bank of America Corporation (NYSE:BAC) is a solid dividend company, having raised its payouts for 11 consecutive years. Currently, the company offers a quarterly dividend of $0.28 per share and has a dividend yield of 2.15%, as of September 18.

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