2 Magnificent S&P 500 Dividend Stocks Down as Much as 40% to Buy and Hold Forever

Investors often use the S&P 500 to track the performance of the stock market. But the index's real purpose is to be broadly representative of the U.S. economy; the committee overseeing the index selects 500 of the largest and most economically important U.S. companies for inclusion. That vetting process makes the S&P 500 a good fishing ground for stocks to buy.Right now, two magnificent S&P dividend stocks are deeply out of favor despite remaining important, and profitable, businesses. Here's why you might want to buy Realty Income (NYSE: O) and Hormel Foods (NYSE: HRL) and hold them forever.The truth is that Realty Income is probably one of the most boring companies you'll find in the real estate investment trust (REIT) sector. That, however, has long been one of the company's goals. It actually trademarked the nickname "The Monthly Dividend Company," which speaks to its commitment to its payouts.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool