Top 5 Dividend Paying Stocks To Buy Under $50

3. Bank of America Corp (NYSE: BAC)

Hedge Funds: 88
Total Hedge Fund Holdings: 26.63
Dividend Yield: 2.52%
Price (at the time of writing): $28.57

Last month the Bank of America Corporation made it to our “10 Best Bank Stocks To Buy Right Now” list. BAC’s Q3 report states a net income of $4.9 billion, or $0.51 per diluted share. This beat the predictions which may have been lowered due to the credit panic that took over the stock market once the COVID pandemic hit.