3 Beaten-Down Stocks Built for Long-Term Passive Income

The Motley Fool highlights three undervalued dividend stocks overlooked amid Wall Street's tech/AI focus: Stanley Black & Decker (SWK), McCormick (MKC), and Realty Income (O). Stanley Black & Decker, a Dividend King with a ~3.7% yield, is turning around after a leveraged acquisition spree, with net debt/EBITDA falling from 5.9x to 3.4x and targeting 2.5x by end-2026.

Why it matters: McCormick, a spice/flavorings leader with 38 years of dividend hikes and a ~3.7% yield, is pursuing a transformative acquisition of Unilever's food business (Hellmann's, Knorr) that would roughly double its size, with Unilever taking a stake in McCormick.