Wednesday, November 26, 2008

Dogs of the Dow

Dogs of the Dow Theory:
The Dogs of the Dow Theory is based on the highest yielding stocks in the Dow Jones Industrial Average. Below are the Dogs of the Dow, ranked by highest dividend yield:
Dogs of the Dow:

C Citigroup Inc 7.05
BAC Bank of America Corp 15.43
GE General Electric Co 16.19
PFE Pfizer Inc 16.07
AA Alcoa Inc 10.48
DD E I du Pont de Nemours and Co 24.63
JPM JPMorgan Chase & Co 30.62
VZ Verizon Communications Inc 32.54
T AT&T Inc 28.39
MRK Merck & Co Inc 26.31
CAT Caterpillar Inc 39.33
HD Home Depot Inc 23.55
KFT Kraft Foods Inc 26.97
INTC Intel Corp 13.97
BA Boeing Co 41.28
AXP American Express Co 22.30
CVX Chevron Corp 79.93
MCD McDonald's Corp 57.90
KO Coca-Cola Co 45.38
UTX United Technologies Corp 47.73
MMM 3M Co 65.91 D
JNJ Johnson & Johnson 58.27
IBM International Business Machines Corp 81.67
MSFT Microsoft Corp 20.49
PG Procter and Gamble Co 63.16
XOM Exxon Mobil Corp 80.89
WMT Wal-Mart Stores Inc 56.69
DIS Walt Disney Co 22.50
HPQ Hewlett-Packard Co 35.21
GM General Motors Corp 4.81

Note that the Dogs of the Dow strategy underperformed the Dow Jones by almost 4% in 2007 and the Dogs of the Dow strategy has underperfomed the Dow in 2008 thus far. The reason for the poor performance of the Dogs of the Dow relative to the Dow in 2008 is in part due to the horrible performance of the financials including Citigroup and Bank of America.


Related Terms: Dogs of the Dow, Dogs of the Dow Jones, Dogs of the Dow theory, dogs of the dow 2008, dogs of the dow 2009, dogs of the dow results, dogs of the dow returns 2008

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