5 Best Financial Sector Dividend Stocks To Invest In

4. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 96

An American financial services company, Bank of America Corporation (NYSE:BAC) is next on our list of the best dividend stocks from the financial services sector. The company’s quarterly dividend comes in at $0.24 per share for a dividend yield of 2.58%, as of May 4. It has been making uninterrupted dividend payments to shareholders for the past 25 years.

The number of hedge funds tracked by Insider Monkey owning stakes in Bank of America Corporation (NYSE:BAC) jumped to 96 in Q4 2023, from 88 in the previous quarter. The collective value of these stakes is roughly $40 billion.

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