3 Beaten-Down Stocks Built for Long-Term Passive Income
If you are looking for dividend stocks, here's an industrial Dividend King, a leading food maker with a historically high yield, and a high-yield real estate giant.
Overview
Wall Street is so focused on technology stocks and artificial intelligence right now that it is ignoring great businesses with impressive dividends. And some of those businesses also have great dividend track records. If you are a dividend investor, these three beaten-down stocks could be just what you are looking for to power your income portfolio.
Stanley Black & Decker (NYSE: SWK) is a Dividend King that has rewarded investors with reliable passive income for over 50 years. McCormick (NYSE: MKC) is one of the world's leading spice producers, with a 38-year streak of annual dividend hikes. And Realty Income (NYSE: O) is a net-lease juggernaut with a dividend streak that's up to 31 years. Here's a closer look at each one.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.