3 Magnificent S&P 500 Dividend Stocks Down 45% to Buy and Hold Forever
There are a few things that United Parcel Service (NYSE: UPS), Walt Disney (NYSE: DIS), and Ford Motor Company (NYSE: F) have in common. They are Wall Street juggernauts, components of the S 500. The stocks all pay a dividend; two of the three currently top a 5% yield.
They're also out of favor. UPS, Disney, and Ford are trading 22%, 28%, and 29% below their 52-week highs. Stretch out the timeline, and the three stocks are trading 45% to 60% below their all-time highs set in either 2021 or 2022. This isn't a problem. It's an opportunity. Let's dive into why these are three great dividend-paying S 500 stocks that you can hold for the long haul.
Brown has been more black and blue lately. The provider of parcel delivery and supply chain solutions saw its revenue slide 9% to $91 billion last year. Profitability took an even bigger hit.
Source Fool.com
United Parcel Service Inc. Stock
We see a rather positive sentiment for United Parcel Service Inc. with 19 Buy predictions and 1 Sell predictions.
With a target price of 157 € there is a positive potential of 35.2% for United Parcel Service Inc. compared to the current price of 116.12 €.
