5 Warren Buffett Dividend Stocks by Sectors and Industries

2. Bank of America Corporation (NYSE:BAC)

Berkshire Hathaway’s Stake Value: $29,632,524,052
Sector: Financials
Industry: Banks—Diversified

Bank of America Corporation (NYSE:BAC) is another Warren Buffett dividend stock from the financial sector. His hedge fund owned over 1 billion shares in the company at the end of Q2 2023, worth more than $29.6 billion. The financial services company represented 8.51% of Berkshire’s 13F portfolio.

Bank of America Corporation (NYSE:BAC) has been making regular dividend payments to shareholders since 1999 and currently pays a quarterly dividend of $0.24 per share. The stock has a dividend yield of 3.38%, as of September 5.

Bank of America Corporation (NYSE:BAC) was a part of 90 hedge fund portfolios at the end of Q2 2023, as per Insider Monkey’s database. The consolidated value of these stakes is over $31.7 billion.

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