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Investing in dividend stocks is one of the best ways to generate passive income.
AT&T (T 0.02%), Lowe's (LOW 1.20%), and Macy's (M -0.33%) might all be excellent companies, but this video will pick just one to be the best dividend stock to buy right now.
*Stock prices used were the afternoon prices of Mar. 27, 2023. The video was published on Mar. 29, 2023.
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Parkev Tatevosian, CFA has positions in Macy's. The Motley Fool recommends Lowe's Companies. 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 fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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