3 Magnificent S&P 500 Dividend Stocks Down 25%+ to Buy and Hold Forever
Despite some volatility earlier this year, the S&P 500 has rallied about 10% over the last 12 months. However, while most stocks are up in the past year, several have missed the market's current rally. Alexandria Real Estate Equities (ARE -1.13%), Oneok (OKE -0.07%), and PepsiCo (PEP 2.26%) are currently down more than 25% from their 52-week highs. The silver lining to their sell-offs is that dividend yields move in the opposite direction of stock prices. Because of that, they currently offer much higher yi ...