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1 Yields 6.7%, Another 5.5%, but Only 1 Can Be the Best Dividend Stock to Buy for Passive Income Investors in 2024

These two dividend stocks offer investors higher yields than long-term government bonds.

By Parkev Tatevosian, CFA – Jan 18, 2024 at 5:24PM EST

Fool.com contributor Parkev Tatevosian compares two high-yield dividend stocks to determine which is better for passive income investors in 2024 and beyond.

*Stock prices used were the afternoon prices of Jan. 16, 2024. The video was published on Jan. 18, 2024.

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About the Author

Parkev Tatevosian, CFA
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.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends 3M. 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.

Stocks Mentioned

AT&T Stock Quote
AT&T
NYSE: T
$26.53
(+0.47%)+$0.13
3M Stock Quote
3M
NYSE: MMM
$154.50
(+2.62%)+$3.95

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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