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Home Depot and 3M could be excellent options for dividend stock investors.
Fool.com contributor and finance professor Parkev Tatevosian evaluates Home Depot (HD 1.65%) and 3M (MMM -3.28%) to determine which dividend stock is better for investors looking to generate passive income.
*Stock prices used were the afternoon prices of June 11, 2023. The video was published on June 13, 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 3M. The Motley Fool has positions in and recommends Home Depot. 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 they will earn some extra money that supports their channel. Their opinions remain their 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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