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Investing in dividend stocks is a fantastic way to increase your passive income.
Fool.com contributor Parkev Tatevosian compares 3M (MMM 0.46%) and Coca-Cola (KO) to determine which is the better buy for passive income investors.
*Stock prices used were the afternoon prices of Aug. 18, 2023. The video was published on Aug. 20, 2023.
Parkev Tatevosian, CFA has positions in 3M. The Motley Fool recommends 3M and recommends the following options: long January 2024 $47.50 calls on Coca-Cola. 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, 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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