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3 Magnificent S&P 500 Dividend Stock Down 35% to Buy and Hold Forever

The article from The Motley Fool, published on December 10, 2024, discusses the strategy of investing in S&P 500 dividend stocks for long-term wealth creation. It highlights the benefits of dividend investing, such as providing a steady income stream and the potential for dividend reinvestment to compound returns over time. The piece emphasizes the importance of selecting companies with a history of not just paying but also increasing dividends, which can signal financial health and stability. It mentions several S&P 500 companies known for their consistent dividend growth, like Procter & Gamble, Coca-Cola, and Johnson & Johnson, suggesting that these stocks could be good candidates for a buy-and-hold strategy. The article also touches on the broader market conditions, noting that while the S&P 500 has seen significant growth, dividend stocks offer a cushion against market volatility due to their income-generating potential.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/10/sp-500-dividend-stocks-buy-hold/ ]