2 Magnificent S&P 500 Dividend Stocks Down Over 20% to Buy and Hold Forever

These elite brands offer above-average yields and excellent return prospects.The S&P 500 has rocketed 20% year to date, but not all stocks are following the index's lead and some top consumer brands have reported weak revenue performance this year which has hurt their stocks. Nike (NKE 1.46%) and Starbucks (SBUX -1.08%) have seen their share prices fall in 2024 well off their previous highs. From a glass-half-full viewpoint, the price drop ended up boosting their dividend yields.Here's why these two dividen ...