1 Magnificent S&P 500 Dividend Stock Up 3% to Buy and Hold Forever
McDonald's(MCD) The Motley Fool·2024-10-06 06:12
It pays a higher yield than the wider market and is on sale right now.The rallying market has lifted the valuation of dividend stocks in 2024 while simultaneously lowering their yields. Those trends have made it harder for income investors to find attractive values. The S&P 500, which is packed with quality dividend payers, jumped 21% through late September and yields just 1.3 %.Dividend investors can do better than that.There's one member of that index that's priced at about the same level it was when 2024 ...