3 Magnificent S&P 500 Dividend Stocks, Down 22% to 58%, to Buy and Hold Forever

It's difficult for companies to stay at the top of their industries for long. The competition in the global economy is just too fierce. Yet, there are proven winners, such as Nike (NYSE: NKE), Hershey (NYSE: HSY), and PepsiCo (NASDAQ: PEP), that have stood the test of time due to their beloved brands and the pricing power it gives them.But even the best face adversity from time to time. As magnificent as they are, these stocks have fallen between 22% and 58% from their highs. All three currently face doubts from investors as they grapple with issues such as poor business execution, potential political threats, and even climate events.Here is a breakdown of each stock's problems and why dividend investors would be wise to buy them while they are down.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool