Despite their falling share prices in 2022, Dow Jones Industrial Index components Home Depot (NYSE: HD), 3M (NYSE: MMM), and Visa (NYSE: V) have been valuable sources of passive income over the last decade. Recording dividend growth of 534%, 147%, and 446%, respectively, in the last 10 years, these mature businesses offer investors shareholder-friendly cash returns. 

Exiting a challenging year, these three stocks now trade below historical valuations -- leaving them poised to rebound in 2023 and continue compounding far into the future.

Let's look at what makes them appealing right now.

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Source Fool.com