Dividend Stocks Near Their Lows Offer Attractive Total Return Potential

Realty Income and Home Depot are two dividend-paying stocks that have been overlooked by income investors, despite their impressive dividend histories and solid business fundamentals.

Realty Income is a real estate investment trust (REIT) with a high occupancy rate at its properties. The company has raised its dividend for 116 straight quarters, including a recent increase to $0.2715 per share in October. At the new dividend rate, Realty Income's stock offers a 5.9% dividend yield.

Home Depot, on the other hand, is the world's largest home-improvement retailer. While its sales have been affected by high inflation and interest rates, the company has maintained an impressive track record of raising dividends annually since 2010. Home Depot's stock currently offers a 3.2% dividend yield.

Investors should consider these stocks as a buying opportunity, despite concerns about inflation and rising interest rates. While economic conditions may remain uncertain in the short term, Realty Income and Home Depot are well-positioned for long-term growth and income generation.