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Should You Buy This Magnificent Dividend Stock With $100 While It's Down 28%?

TheMotleyFool

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Should You Buy This Magnificent Dividend Stock With $100 While It's Down 28%?: https://g.foolcdn.com/editorial/images/770653/coffee-to-go-cup.jpg

There are many different ways to invest in the stock market. Some investors like high-flying and innovative growth tech stocks. Others appreciate a strategy that emphasizes value, similar to what Warren Buffett does.

Regardless of what side you lean toward, some investors simply just want to earn passive income from the businesses that they own. Owning companies that pay you for doing absolutely nothing seems like a sweet deal.

With that said, right now investors have the chance to buy one magnificent dividend stock while it's down 28% from its peak price. Here's why a $100 investment in this company's shares is a smart move today.

Source Fool.com

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