Screening the Dogs of the Dow
For Ideas
The Dogs of the Dow is a short list of likely candidates for dividend investors who are short on time. The Dow Dogs are the ten highest yielding stocks in the Dow Jones Industrial Average index. These stocks are a good place to start looking for the best dividend stocks if you assume that the Dow Jones Company knows what it is doing when it selects a company to be a component of its widely followed Dow index. You would expect the companies on this list to be the most successful blue chip companies because they make up the index recognized as “the market.” The companies on the Dogs list can change frequently because of changes to dividend distributions, but more likely because of stock price changes. The Dogs have the highest dividend yield because of either high dividends or low price.
List of Dogs
Just because a stock is a component of the DJIA index does not mean you can forget about doing your stock research homework. There may be a reason why a stock is on this list…its low price may be justified and it really is a dog! I use Value Line extensively because it is one of the most respected investment research services. You can quickly find out exactly what is going on with each of the Dogs of the Dow and what their prospects are by looking them up using Value Line's Investment Survey. Don't believe me? Click here to see a sample Value Line report on one of the Dow Dogs, Chevron. (Link opens in a new window) The Value Line Investment Survey covers about 1,700 companies, including the stocks in the Dow Jones Industrial Average. It provides me the data and analysis I need to ensure that I am investing in a dividend paying company with a strong future. Each week they update and provide several value screens to help you find the best dividend stocks in their universe. For example, these are some of the standard screens you get with each update: - Highest Dividend Yielding Stocks
- Highest Dividend Yielding Non-Utility Stocks
- Stocks With the Highest Projected 3-5 Year Dividend Yield
- Bargain Basement Stocks (based on Book Value)
- Lowest P/E Stocks
- Stocks With the Widest Discount From Book Value
- Biggest Free Cash Flow Generators
I recommend you check out Value Line. It’s well worth the money if you are serious about your investment performance. They offer an inexpensive 13-week trial subscription so you can’t go wrong. Click here to find out more!  
Return from DOGS of the DOW to the Home Page
Or return to STOCK LISTS
|
