Fool.com contributor Parkev Tatevosian explains why this dividend stock is an excellent match for passive income investors.

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

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Parkev Tatevosian, CFA has positions in Mastercard. The Motley Fool has positions in and recommends Mastercard. The Motley Fool recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. 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.

1 No-Brainer Warren Buffett Dividend Stock That’s a Screaming Buy for Passive Income Investors in 2024 was originally published by The Motley Fool

Source: finance.yahoo.com