3M (NYSE: MMM), American States Water Company (NYSE: AWR), and Coca-Cola (NYSE: KO) may not have much in common as companies. But as investments, all three companies are Dividend Kings that have paid and raised their payouts for at least 60 years -- making them some of the longest-tenured members of the group.

However, all three stocks have also lost value over the last year, while the S 500 is up 22.7%. A single-digit dividend yield isn't going to be that appealing if a stock is underperforming by that many percentage points. Yet there are reasons to be optimistic about each company.

Here's why all three dividend stocks look like a good value for 2024 and beyond.

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Source Fool.com