2 Magnificent S&P 500 Dividend Stocks Down 9% and 21% to Buy and Hold Forever

Many investors are always on the hunt for the next multibagger. While the strategy can be rewarding, it also often involves a lot of risk, tying up money that could be invested elsewhere and even experiencing losses. But high-stakes investing isn't the only way to put your money to work. The smartest investors, like Warren Buffett, look for steady stocks that can return a lot of capital to shareholders over a long period.Dividend stocks in the S&P 500 can be a good way to play this strategy. Over time, investors can turn pennies into dollars that compound into larger sums. Here are two magnificent S&P 500 dividend stocks down 9% and 21% recently that investors can buy and hold forever.Shares of Verizon Communications (NYSE: VZ) have fallen roughly 9% since peaking at the start of October and trail the broader market on the year. The dip came after the company reported its third-quarter earnings. Earnings beat expectations modestly, while revenue disappointed due to fewer wireless equipment sales.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool