Fool.com contributor Parkev Tatevosian elaborates on why he thinks this dividend stock is an excellent option for passive income investors.
*Stock prices used were the afternoon prices of June 28, 2023. The video was published on June 30, 2023.
1 Dividend Stock Down 53% You'll Regret Not Buying on the Dip
By Parkev Tatevosian, CFA – Jul 2, 2023 at 4:00AM EST
Market Cap
$86B
Today's Change
(0.17%) $0.28
Current Price
$162.04
Price as of December 19, 2025 at 3:58 PM ET
This dividend stock offers investors a fantastic dividend yield.
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About the Author
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.
Stocks Mentioned
3M
NYSE: MMM
$162.04 (+0.00%) $+0.28
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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