A Once-in-a-Decade Opportunity: 3 Magnificent Dividend Stocks Down Between 19% and 28% to Buy Now and Hold Forever

Three low-volatility, dividend-growth stocks are currently trading at decade-low valuations, offering potential for a rebound. Unilever, The Hershey Company, and Lamb Weston are all down between 19% and 28% from their all-time highs.

These stocks have five-year betas below 1, making them attractive options for investors looking for stable investments. The combination of low share price volatility and steady dividend growth at discounted prices makes these stocks promising opportunities.

Unilever, a consumer goods giant, generates a significant portion of its sales from emerging markets, positioning it for continued growth. The company’s upcoming separation of its ice cream operations is expected to enhance its profitability. With a P/E ratio of 19 and a dividend yield of 3.6%, Unilever remains attractive for investors.

The Hershey Company has faced challenges such as rising cocoa prices and increased capex, but maintains strong profitability. With popular brands and a resilient industry, Hershey is a compelling turnaround candidate. Trading at 21 times earnings with a 2.5% dividend yield, Hershey is an appealing investment opportunity.

Lamb Weston, a frozen potato industry player, has experienced a share price decline due to an ERP system implementation. Despite short-term challenges, the company is poised for growth in international markets. With a low price-to-sales ratio of 1.9 and potential for growth, Lamb Weston presents an enticing opportunity for investors.

Overall, these three stocks offer the potential for investors to benefit from their rebound while trading at attractive valuations.