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This dividend stock has one of the highest dividend yields in the market today.
Fool.com contributor Parkev Tatevosian elaborates on why he thinks this dividend stock makes an excellent investment for passive income investors in 2024.
*Stock prices used were the afternoon prices of Dec. 31, 2023. The video was published on Jan. 2, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends British American Tobacco P.l.c. and recommends the following options: long January 2024 $40 calls on British American Tobacco P.l.c., long January 2026 $40 calls on British American Tobacco P.l.c., and short January 2026 $40 puts on British American Tobacco P.l.c. 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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