Fool.com contributor Parkev Tatevosian recommends an interesting dividend stock that could be undervalued.
*Stock prices used were the afternoon prices of Jan. 9, 2024. The video was published on Jan. 11, 2024.
1 Fantastic Dividend Stock Down 50% and Yielding 3.5% Passive Income Investors Can Buy Hand Over Fist in 2024
By Parkev Tatevosian, CFA – Jan 11, 2024 at 3:49PM EST
NYSE: M
Macy's
Market Cap
$6.0B
Today's Change
(-1.62%) $0.36
Current Price
$22.11
Price as of December 29, 2025 at 3:58 PM ET
This dividend stock has massive value yet to be unlocked.
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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.
Stocks Mentioned
Macy's
NYSE: M
$22.11 (0.02%) $0.36
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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