One Magnificent Dividend Stock Down 71%: Too Cheap Not to Buy and Hold Forever

Most investors don't like to see stock prices go down. While net buyers of stocks do benefit from lower prices, the paper losses can make you feel poorer and signal a risk of the market going down further.There is a silver lining to sell-offs, however. Dividend yields go up, making these pullbacks good opportunities to buy dividend stocks as their prices are down as well.One dividend stock worth a closer look right now is Nike (NKE 1.36%), which currently offers a yield of 3.2%. Unfortunately, the bump in i ...