The Dow Jones had a terrible year.

With sky-high inflation, fears of recession, and an aggressive Federal Reserve, it’s been bad.  However, not all Dow stocks dropped with the index.  Some, including in the dividend-paying Dogs of the Dow are doing well, with two months to go.

So far:

  • Verizon (VZ) – which carries a dividend yield of 7.27% – fell from $50.74 to $36
  • Dow (DOW) – with a yield of 5.95% – fell from $56.11 to $47.07 so far
  • IBM (IBM) – with a yield of 4.99% – ran from $132.04 to $132.90
  • Chevron (CVX) – with a yield of 3.28% – ran from $116 to $173.03
  • Walgreens (WBA) – with a yield of 5.54% – fell from $51.74 to $34.68
  • Merck (MRK) – with a yield of 2.83% – ran from about $75 to $97.54
  • 3M (MMM) – with a yield of 5.03% – fell from $174 to $118.44
  • Amgen (AMGN) – with a yield of 2.97% – ran from $220 to $261.28
  • Coca-Cola (KO) – with a yield of 3.06% – fell from $58 to $57.62
  • Intel (INTC) – with a yield of 5.35% – fell from $51 to $27.28

While it’s not great, it’s better than the Dow Jones’ performance with two months of 2022 to go.  Better, investors got to collect respectable dividend yields along the way.

For 2023, we’re likely to see many of these stocks get named Top Dogs again.