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.

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