1 Magnificent S&P 500 Dividend Stock Down 31% to Buy and Hold Forever
The underpinnings of its multi-year weakness are finally abating, and this dividend payer is emerging stronger than ever.
Like bargains? You should. Although you're often required to pay a premium for quality, if you can get the quality you want at a lower price, so much the better!
Income-seeking investors may want to consider taking on a new position in Realty Income Corporation (NYSE: O) while this dividend stock is down 31% from its highest-ever high. The market's just not giving this company all the credit it's due.
Never heard of it? It wouldn't be terribly surprising if you haven't. It's not exactly in a game-changing business. Indeed, it doesn't even sell a product or service to consumers.
