5 Best Value Dividend Stocks Billionaires Are Crazy About

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In this article, we discuss 5 best value dividend stocks billionaires are crazy about. If you want to read our detailed analysis of value stocks and the past performance of dividend stocks, go directly to read 10 Best Value Dividend Stocks Billionaires Are Crazy About

5. Bank of America Corporation (NYSE:BAC)

Number of Billionaire Investors: 17
P/E Ratio as of December 8: 8.59

Bank of America Corporation (NYSE:BAC) is one of the largest financial institutions in the US, offering a broad range of banking and financial services to individual consumers, small businesses, corporations, and institutional clients globally. The company has been paying uninterrupted dividends to shareholders for the past 24 years and it offers a quarterly dividend of $0.24 per share. The stock has a dividend yield of 3.11%, as of December 8.

At the end of Q3 2023, 88 hedge funds in Insider Monkey’s database reported having stakes in Bank of America Corporation (NYSE:BAC), compared with 90 in the preceding quarter. The consolidated value of these stakes is more than $31.3 billion. Warren Buffett and Ken Fisher were the most notable billionaires who invested in the company in Q3.

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