1 Magnificent S&P 500 Dividend Stock Up 3% to Buy and Hold Forever

The rallying market has lifted the valuation of dividend stocks in 2024 while simultaneously lowering their yields. Those trends have made it harder for income investors to find attractive values. The S&P 500, which is packed with quality dividend payers, jumped 21% through late September and yields just 1.3 %.Dividend investors can do better than that.There's one member of that index that's priced at about the same level it was when 2024 began. Its stock is currently paying a 2.3% yield as well. Sure, the business is going through a tough time right now as shoppers spend more cautiously on fast food. But patient investors should still do well by holding McDonald's (NYSE: MCD) stock over the long term. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool