1 Dividend Stock Down 47%: Should You Buy It Hand Over Fist Right Now?

There's a lot for income investors to like with Nike, but its struggles can't be ignored.With the S&P 500 near record territory, investors might think that there aren't compelling buying opportunities being served up right now. While that's a rational way to think, it's just not true. Even some dominant and well-known businesses have taken a hit in recent times.For example, there's one dividend stock that's currently 47% off its peak price, which was set in November of 2021. Does this dip mean you should bu ...