3 Magnificent S&P 500 Dividend Stocks Down 15% to Buy and Hold Forever

The S&P 500 has slumped in recent months. The index has fallen more than 15% from its recent peak, driven down by concerns that tariffs might cause a recession. Many stocks have fallen even further than the index, including ExxonMobil (NYSE: XOM), Federal Realty Investment Trust (NYSE: FRT), and PepsiCo (NASDAQ: PEP), which are down 15% or more. They look like even more attractive investments for those seeking durable dividends that could last a lifetime. Shares of Exxon have fallen more than 15% from their recent peak. That downdraft has driven the oil giant's dividend yield up to 3.8%. That's more than double the S&P 500's 1.4% dividend yield. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool