5 Best Affordable Dividend Stocks To Buy

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1. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 90
P/E Ratio as of November5: 7.96
Share Price as of November 5: $28.4

Bank of America Corporation (NYSE:BAC) tops our list of the best dividend stocks to buy now. The American financial services company pays a quarterly dividend of $0.24 per share and offers a dividend yield of 3.38%, as of November 5. It has been paying regular dividends to shareholders consistently for the past 24 years.

At 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.

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You can also take a look at 13 Cash-Rich Dividend Stocks To Buy Now and 12 Best Metal Stocks To Invest In

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