3 Magnificent S&P 500 Dividend Stocks Down 16% to 20% to Buy and Hold Forever

If you look at the history of the S&P 500 (SNPINDEX: ^GSPC) index, dividend stocks have played a significant role in shareholder returns. Over the past 25 years, for example, while the S&P 500 rose over 300%, the power of dividend reinvestment and compounding pushed its total returns to over 550%.Those jaw-dropping numbers reveal why investors can never go wrong buying and holding good dividend stocks that not only pay a regular dividend, but also grow their payout consistently. The S&P 500 is chock-full of magnificent dividend stocks, some of which are compelling buys at current prices. Here are three stocks down up to 20% from their all-time highs that you can buy now and hold practically forever.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool