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Passive income investors are rightly attracted to Nordstrom's robust dividend yield.
Investing in dividend stocks is an excellent way to generate passive income. However, fluctuations in stock prices can sometimes eradicate the total return on investment. Fool.com contributor and Finance Professor Parkev Tatevosian will talk about whether Nordstrom's (JWN 0.68%) 5% dividend yield is safe for passive income investors.
*Stock prices used were the afternoon prices of April 26, 2023. The video was published on April 28, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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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