Group 1 - Bank of America Corporation (BAC) is recognized as one of the best high dividend stocks to buy under $100, ranking among the largest financial institutions globally with operations in the US and over 35 international markets [1][2] - The stock has shown significant growth, increasing nearly 107% over the past five years, with expectations to maintain this momentum driven by its consumer investment business [2] - In Q4 2024, BAC's consumer investment assets exceeded $500 billion for the first time, with management noting that these assets have doubled approximately every five years [3][4] Group 2 - The bank anticipates reaching $1 trillion in consumer investment assets over the next five years, with assets already rising to about $540 billion by Q2 2025, reflecting a 13% year-over-year increase [4] - BAC has a strong dividend history, having raised its payouts for 11 consecutive years, currently offering a quarterly dividend of $0.28 per share and a dividend yield of 2.15% as of September 18 [5]
Bank of America Corporation’s (BAC) Dividend Strength: A Reliable Pick in Dividend Stocks to Buy Under $100