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

$197B

Today's Change

(-0.91%) -$2.51

Current Price

$273.09

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

This dividend stock did an excellent job enhancing the business with tech advancements.

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.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.