1 Dividend Stock Down 53% You'll Regret Not Buying on the Dip

By Parkev Tatevosian, CFA – Dec 25, 2023 at 12:05PM

NYSE: MMM

3M

Market Cap

$51B

Today's Change

(0.46%) $0.42

Current Price

$91.83

Price as of April 26, 2024, 4:00 p.m. ET

This dividend stock could offer excellent returns for passive income investors in 2024 and beyond.

Fool.com contributor Parkev Tatevosian highlights why he considers this dividend stock one of the best for 2024.

*Stock prices used were the afternoon prices of Dec. 22, 2023. The video was published on Dec. 24, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. 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, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.