1 Magnificent S&P 500 Dividend Stock Down 7% to Buy and Hold Forever

Coca-Cola continues to grow profits and dividends.The S&P 500 has done well lately. Over the last year, the index has gained about 25%.But certain stocks have been left behind. During this span, Coca-Cola's (KO -0.24%) share price lost 7%.A stock lagging the market doesn't necessarily translate into a buying opportunity. After all, the stock market has proven pretty efficient. But in this case, dividend-seeking investors should seize this moment to buy Coca-Cola shares.It's time to uncover why you should in ...