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Best Dividend Stock for Passive Income Investors: MMM or RTX?

Passive income investors should prefer stocks with robust earnings growth.

By Parkev Tatevosian, CFA – Feb 21, 2024 at 5:49PM EST

Fool.com contributor Parkev Tatevosian compares MMM (MMM +2.66%) and RTX (RTX +0.29%) to determine which is the better buy for passive income investors.

*Stock prices used were the afternoon prices of Feb. 19, 2024. The video was published on Feb. 21, 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 and RTX. 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

3M Stock Quote
3M
NYSE: MMM
$154.55
(+2.66%)+$4.00
RTX Stock Quote
RTX
NYSE: RTX
$196.42
(+0.29%)+$0.57

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

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