3 Magnificent S&P 500 Dividend Stocks Down More Than 13% to Buy and Hold Forever

The S&P 500 has sold off in recent weeks, tumbling more than 10% from its peak at one point. Many stocks have fallen even further. However, the silver lining of any sell-off is that it enables investors to buy stocks at lower prices. Falling stock prices also increase dividend yields, and now's a great time to load up on some high-quality dividend stocks. Kinder Morgan (NYSE: KMI), NextEra Energy (NYSE: NEE), and Prologis (NYSE: PLD) are all currently down more than 13% from their recent peaks. The trio has done a magnificent job paying high-yielding and steadily rising dividends, which makes them great stocks to buy right now to hold for a potential lifetime of dividend income. Shares of Kinder Morgan have slumped just over 13% from their recent peak. That sell-off has pushed the pipeline stock's dividend yield up to 4.3%. That's significantly higher than the S&P 500's 1.3% dividend yield. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool