Best Dividend Stock to Buy Now: Home Depot vs. Target vs. Macy's

Home Depot (NYSE: HD), Target (NYSE: TGT), and Macy's (NYSE: M) have learned to use their brick-and-mortar stores as a competitive advantage. Fool.com contributor and Finance Professor Parkev Tatevosian evaluates these three dividend stocks to determine the best one to buy for passive income investors.

*Stock prices used were the afternoon prices of April 26, 2023. The video was published on April 28, 2023.

10 stocks we like better than Macy's
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They just revealed what they believe are the ten best stocks for investors to buy right now... and Macy's wasn't one of them! That's right -- they think these 10 stocks are even better buys.

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Parkev Tatevosian, CFA has positions in Macy's. The Motley Fool has positions in and recommends Home Depot and Target. 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 fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.