2 Magnificent S&P 500 Dividend Stocks Down 7% and 19% to Buy and Hold Forever

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Lawrence Rothman, The Motley FoolSat, Sep 20, 2025, 7:25 PM 4 min readThese two stocks have lagged the S&P 500 over the past year.Coca-Cola has raised its dividend for 63 straight years.Eli Lilly appeals to growth and income investors.10 stocks we like better than Coca-Cola ›U.S. equities have been volatile this year, but have had a strong run. The S&P 500 index gained 17.3% over the last year through Sept. 16.However, just because the index has done well doesn't mean you can't find exceptions. Coca-Cola (NYSE: KO) and Eli Lilly (NYSE: LLY) have dropped more than 8% and 14%, respectively.That might make some investors shy away from the shares. After all, the stocks have underperformed the market for various reasons.However, long-term investors interested in dividends should view this as an excellent buying opportunity.Image source: Getty Images.Most people around the world have heard of Coca-Cola. The company, launched in 1886, sells its beverages, including its namesake brand, in more than 200 countries.A mature company, its days of fast-growing revenue seem likely behind it. However, Coca-Cola has been increasing its top line. Second-quarter revenue, removing foreign-currency exchange fluctuations and acquisitions/divestitures, grew 5%. This helped drive adjusted operating income 15% higher.The increased revenue was entirely due to higher prices and a changing product mix, which contributed 6 percentage points. However, lower volume subtracted 1 percentage point. That may put some investors off, but it's likely due to consumers feeling weary from persistently high overall inflation. At some point, prices will level off and volumes will increase. Importantly, Coca-Cola's market share in the nonalcoholic beverage sector continued to expand.Coca-Cola shareholders have been relying on dividends, which remain an important source of the stock's total return. In fact, they've come to expect regular increases, and Coca-Cola raised the payout by more than 5% in February. That ran the company's streak to 63 straight years, making it a Dividend King.The shares have a 3.1% dividend yield, more than double the S&P 500's 1.2%. And Coca-Cola's 71% payout ratio should provide comfort that the company can easily afford dividends.Eli Lilly, also in existence since the late 1800s, has been very successful at developing and selling drugs used for treating diabetes, cancer, and immunology (rheumatoid arthritis), among other diseases.It has three drugs, Mounjaro, Zepbound, and Verzenio, that account for 65% of its $15.6 billion second-quarter revenue. These drugs treat type 2 diabetes, obesity, and breast cancer, respectively. The products had top-line growth of 12% to 172%, and continue to drive revenue growth.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,717.00 -5.50 (-0.08%)Dow Futures46,590.00 -61.00 (-0.13%)Nasdaq Futures24,854.00 -12.25 (-0.05%)Russell 2000 Futures2,467.60 +1.30 (+0.05%)VIX15.45 -0.25 (-1.59%)Gold3,727.00 +21.20 (+0.57%)PortfolioSign in to access your portfolioSign inTop gainersOKLO Oklo Inc. 135.23 +30.26 (+28.83%)BHF Brighthouse Financial, Inc. 57.59 +12.33 (+27.24%)QUBT Quantum Computing Inc. 23.27 +4.92 (+26.81%)MENS Jyong Biotech Ltd. 65.62 +13.87 (+26.80%)SMR NuScale Power Corporation 46.77 +8.65 (+22.69%)Top losersDXCM DexCom, Inc. 67.45 -8.33 (-10.99%)HESM Hess Midstream LP 35.36 -4.12 (-10.44%)STUB StubHub Holdings, Inc. 18.46 -2.04 (-9.95%)CART Maplebear Inc. 41.50 -3.90 (-8.59%)ORLA Orla Mining Ltd. 10.22 -0.85 (-7.68%)Most activeNVDA NVIDIA Corporation 176.60 +0.36 (+0.20%)OPEN Opendoor Technologies Inc. 9.57 -0.37 (-3.72%)INTC Intel Corporation 29.58 -0.99 (-3.24%)HOOD Robinhood Markets, Inc. 124.78 +3.87 (+3.20%)WBD Warner Bros. 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