3 Magnificent S&P 500 Dividend Stocks Down 20% to 33% to Buy and Hold Forever

Dividends have contributed nearly 31% to the total returns of the S&P 500 (SNPINDEX: ^GSPC) index since 1926. That number alone proves what a great investment dividend stocks can be, provided you choose ones that pay regular dividends and preferably increase them over time.The S&P 500 index itself has some of the finest dividend stocks, many of which have a long track record of dividend increases and have grown investors' money manifold over time. Buying some of these stocks while they're down could turn out to be one of your best investment moves. If you're wondering where to find them, here are three such magnificent S&P 500 dividend stocks that are down between 20% and 33% from their all-time highs to buy now and hold.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool