1 Magnificent S&P 500 Dividend Stock Down 23% to Buy and Hold Forever

Equity markets have been volatile this year. Uncertain tariff policies and the impact on the global economy have certainly played a role.During these unsettled times, turning to a dividend-paying stock that has experienced a large price drop can prove a wise investment, providing the company's long-term fundamentals remain sound.Fortunately, PepsiCo (NASDAQ: PEP), although its share price has fallen nearly 23% over the last year through May 30, fits the bill nicely. It's time to look closely at what makes this consumer staples company a buying opportunity for long-term dividend-seeking investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool