Fool.com contributor Parkev Tatevosian elaborates on why this dividend stock is a smart choice for passive income investors.
*Stock prices used were the afternoon prices of Jan. 1, 2024. The video was published on Jan. 3, 2024.
Want $500 in Passive Income? Buy 75 Shares of This Super-Safe Dividend Stock
By Parkev Tatevosian, CFA – Jan 4, 2024 at 9:22AM
NYSE: MCD
McDonald's
Market Cap
$214B
Today's Change
(2.16%) $6.46
Current Price
$305.67
Price as of November 5, 2025 at 4:00 PM ET
This dividend stock did an excellent job enhancing the business with tech advancements.
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.