Bank of America’s (BAC) Strong Balance Sheet and its Importance for Cheap Quarterly Dividend Stocks

Group 1 - Bank of America Corporation (NYSE:BAC) is recognized as one of the 11 cheap quarterly dividend stocks to buy currently [1] - The company is one of the largest consumer banks in the US, with a diverse range of services including commercial and investment banking, wealth management, and global markets [2] - Bank of America's strategy focuses on regulatory compliance, technology adoption, risk management, and strong human capital to enhance client service and operations [3] Group 2 - Bank of America has increased its dividends for 11 consecutive years, with a current quarterly dividend of $0.28 per share and a dividend yield of 2.17% as of September 23 [4]