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1 Magnificent Dividend Stock Down 64% That Passive Income Investors Can Buy Hand Over Fist in 2024

Motley Fool - Thu Mar 14, 6:16AM CDT

Fool.com contributor Parkev Tatevosian highlights one dividend stock that could make an excellent addition to passive income investor portfolios.

*Stock prices used were the afternoon prices of March 11, 2024. The video was published on March 13, 2024.

Should you invest $1,000 in 3M right now?

Before you buy stock in 3M, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and 3M wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

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See the 10 stocks

*Stock Advisor returns as of March 11, 2024

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends 3M. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Paid Post: Content produced by Motley Fool. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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