Author: Matt DiLallo, The Motley Fool

It looks like a great time to buy. Not only does the company have a great record of growing its dividend, but it also trades at a much more attractive valuation and dividend yield following its recent sell-off (even though its long-term growth outlook remains highly attractive).

These companies should continue to produce durable income.

The stock’s big, growing payout makes it a fantastic option for investors seeking to generate some passive income.

They could produce powerful returns over the next several years.

These beaten-down dividend stocks offer much more attractive yields these days.