Best Dividend Stock to Buy: AT&T vs. Lowe's vs. Macy's

By Parkev Tatevosian, CFA – Mar 30, 2023 at 7:00AM

NYSE: T

AT&T

Market Cap

$119B

Today's Change

(-1.37%) -$0.23

Current Price

$16.58

Price as of April 25, 2024, 4:00 p.m. ET

Investing in dividend stocks is one of the best ways to generate passive income.

AT&T (T -1.37%), Lowe's (LOW -0.14%), and Macy's (M -2.03%) 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.

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.