1 Dividend Stock Down 3% You'll Regret Not Buying On the Dip

The stock market has been doing well lately. Over the last year, the S&P 500 has increased more than 20%.That hasn't lifted all stocks, of course. PepsiCo's (PEP -0.92%) share price has dropped about 3% during this time.While that's been rough for current investors, the stock remains appealing to dividend investors. And with a willingness and ability to continue paying dividends, the price drop only makes it more attractive. It's time to uncover why you should consider purchasing the stock after its diverge ...