5 Best Value Dividend Stocks to Buy

3. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 97

Dividend Yield as of 2/2: 2.44%

Bank of America Corporation (NYSE:BAC) is one of the big four banks in the United States with substantial market share and normalized earnings power if it makes the right loans and if the economic conditions aren’t recessionary. Given it has pretty decent earnings power, Bank of America Corporation (NYSE:BAC) is considered a dividend stock with a dividend yield of 2.44% as of 2/2. If the economy doesn’t worsen too much, there’s potential for a dividend increase this year considering the bank’s EPS growth potential. 97 hedge funds in our database owned shares of Bank of America Corporation (NYSE:BAC) at the end of Q3, ranking the stock #3 on our list of 13 Best Value Dividend Stocks to Buy.