Want $750 in Annual Passive Income? Buy 90 Shares of This Super-Safe Dividend Stock

By Parkev Tatevosian, CFA – Jan 13, 2024 at 8:30AM

NYSE: HD

Home Depot

Market Cap

$332B

Today's Change

(0.94%) $3.11

Current Price

$335.09

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

The home improvement industry has been one of the best-performing industries in the retail space.

Fool.com contributor Parkev Tatevosian suggests a way for passive income investors to capitalize on an excellent dividend stock.

*Stock prices used were the afternoon prices of Jan. 10, 2024. The video was published on Jan. 12, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. 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.