1 Magnificent S&P 500 Dividend Stock Down 6% to Buy and Hold Forever

Holding dividend-paying stocks in your portfolio has appeal. That's because they can provide reliable income streams. But investing in high-quality dividend stocks takes some work. While the S 500 index's 19% gain in the last year may have you concerned that you've missed out, not all index members have enjoyed such a high return.

's (NASDAQ: PEP) shares have dropped 6% during this span. However, the stock has strong appeal, particularly for dividend-seeking investors. Here's why you should consider the stock now.

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Source Fool.com