3 Magnificent Dividend Stocks With Yields Above 5% to Buy Now and Hold Forever

The benchmark S&P 500 index is up by about 26% over the past three years, but that doesn't mean every stock has had a great run. Over the same time frame, shares of W.P. Carey (NYSE: WPC), Verizon (NYSE: VZ), and Pfizer (NYSE: PFE) have tumbled by 15%, 18%, and 33%, respectively.All three of these stocks offer yields above 5% at their beaten-down prices. You wouldn't know it by looking at their stock charts, but all three of these businesses have what they need to meet their present dividend obligations and raise them much further in the years ahead.Here's how adding these stocks to a diversified portfolio could lead to heaps of passive income to fuel your retirement.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool