5 Best Value Dividend Stocks to Buy According to Warren Buffett

In this article, we discuss 5 best value dividend stocks to buy according to Warren Buffett. If you want to read our detailed analysis of Buffett’s investment strategy and the performance of dividend stocks over the years, go directly to read 12 Best Value Dividend Stocks to Buy According to Warren Buffett.

5. Bank of America Corporation (NYSE:BAC)

P/E Ratio as of October 14: 7.73
Berkshire Hathaway’s Stake Value: $29,632,524,052

Bank of America Corporation (NYSE:BAC) is one of the largest financial institutions in the US and a prominent player in the global banking and financial services industry. The company has paid regular dividends to shareholders for 24 years and has a P/E ratio of 7.73 as of October 14. It currently pays a quarterly dividend of $0.24 per share and has a dividend yield of 3.48%, as recorded on October 14.

Bank of America Corporation (NYSE:BAC) was the second largest holding of Berkshire Hathaway at the end of Q2 2023, with the hedge fund holding BAC stakes worth roughly $30 billion. The company made up 8.51% of the firm’s 13F portfolio.

As of the end of Q2 2023, 90 hedge funds in Insider Monkey’s database owned investments in Bank of America Corporation (NYSE:BAC), compared with 91 in the previous quarter. The total value of these stakes is more than $31.7 billion.