1 Magnificent S&P 500 Dividend Stock Down 33% to Buy in 2025 for a Lifetime of Passive Income

Consumer staples behemoth Clorox (NYSE: CLX) has faced no shortage of issues over the last few years. With ballooning inflation and a cyberattack hampering Clorox's operations (among many other companies), the company's stock still languishes 33% below its all-time highs from 2020.However, despite facing these challenges, Clorox still grew sales by 17% over the past five years. This growth highlights the nondiscretionary nature of its products -- they will be purchased regardless of the challenging macroeconomic environment.This sales stability, paired with Clorox's ongoing turnaround yet depressed share price, makes it a steady-Eddie stock worth a long look today. With the company (and its 3% dividend yield) well on its way to becoming a Dividend King, I believe this magnificent stock offers the potential for a lifetime of passive income.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool