5 Best Bank Dividend Stocks To Buy Now

2. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 88

Bank of America Corporation (NYSE:BAC) is a multinational financial services company that operates across various segments of the banking and financial industry. The company pays a quarterly dividend of $0.24 per share and has a dividend yield of 2.86%, as of December 17. It has paid regular dividends to shareholders for the past 24 years.

As of the close of the third quarter of 2023, 88 hedge funds tracked by Insider Monkey reported having stakes in Bank of America Corporation (NYSE:BAC), compared with 90 in the previous quarter. The consolidated value of these stakes is over $31.3 billion.

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