3 Magnificent S&P 500 Dividend Stocks Down 30% (or More) to Buy and Hold Forever

These three reliable dividend payers have historically high yields thanks to deep price declines.To be fair, it doesn't take a lot to offer a higher yield than the 1.3% investors are collecting today from the S&P 500 index. And yet investors looking for down-and-out stocks with high yields will still like what Realty Income (O 0.70%), Franklin Resources (BEN -1.66%), and Hormel Foods (HRL 0.68%) have to offer. But the story behind each stock is much bigger than just an attractive dividend yield.1. Realty In ...