2 Magnificent S&P 500 Dividend Stocks Down 10% and 14% to Buy Right Now for 2026

Many of my favourite S&P 500 dividend stocks look to perpetually commercialized astatine lofty valuations. That said, these steady-Eddie stocks volition occasionally instrumentality a breather, conscionable similar the 2 companies successful this article. After outpacing the S&P 500's full returns implicit the past decennary -- past watching the scale rocket past them successful 2025 -- these 2 stocks present look similar buy-the-dip opportunities.

Following 10% and 14% declines from their 2025 highs, present is the lawsuit for buying these 2 magnificent S&P 500 dividend stocks arsenic we participate 2026.

WM (NYSE: WM) is location to 506 discarded transportation facilities, 105 recycling centers, 262 progressive coagulated discarded landfills, and 10 renewable earthy state (RNG) facilities. Not lone is the institution formerly known arsenic Waste Management the largest discarded and recycling institution successful North America, but it has a vertically integrated model, meaning that it profits from collecting trash, selling recycled commodities, and adjacent creating RNG from its landfills. This industry-leading web gives WM a almighty moat astir its operations. As landfills astir the state proceed to capable up and adjacent -- and communities defy adding immoderate caller trash oregon recycling facilities successful their backyards -- WM's web remains a precious asset.

This almighty exemplary is intelligibly evident successful the stock's results implicit the past 2 decades, delivering full returns of 1,060% compared to the S&P 500's 680%. Now expanding into the higher-margin aesculapian discarded manufacture pursuing its Stericycle acquisition successful 2024, automating galore of its recycling centers, and gathering RNG plants to indirectly substance its postulation vehicles, WM's escaped currency travel could boom. The institution presently pays a 1.5% dividend output and has raised its payments for 22 consecutive years, including a caller 15% increase. Even aft this latest bump, the dividend remains safe, utilizing conscionable 50% of the company's profits. Trading astatine 26 times guardant earnings, WM banal isn't "cheap," but it is an fantabulous buy-the-dip accidental pursuing its 10% slide.

Cintas (NASDAQ: CTAS) is the No. 1 azygous rental supplier successful North America. Home to implicit 12,000 organisation routes, Cintas operates via 2 concern segments -- azygous rental and installation services, arsenic good arsenic archetypal assistance and information services. The quality of the institution is that its industry-leading web allows it to consistently consolidate and summation its beingness successful a highly fragmented market, consisting chiefly of small, determination operators. Whether done tuck-in acquisitions (and adjacent larger deals, specified arsenic its projected $5.2 cardinal buyout of UniFirst) oregon offering a stronger worth proposition to its customers, the institution has delivered 9% annualized income maturation implicit the past decade.