3 Magnificent S&P 500 Dividend Stocks Down 20% to 33% to Buy and Hold Forever
Buy these beaten-down S&P 500 dividend stocks today and hold them for big returns in the long run.
The S&P 500 index recently slipped over 10% from its peak and officially entered the correction territory. Although it has rebounded since, the heightened volatility amid economic and geopolitical concerns and stubborn inflation have put dividend stocks in the spotlight.
Stocks that pay a regular dividend generate steady income for shareholders. Then there are some that also grow their dividend payouts regularly, which means investors can expect fatter dividend checks every year regardless of what the stock markets do. Now that's a compelling reason to buy dividend stocks, and there are opportunities you wouldn't want to miss now.
Here are three great S&P 500 dividend stocks that are down between 20% and 33% from their 52-week highs that you'd want to buy now and hold practically forever.
