The Dogs of the Dow strategy is working out well so far…
Better, according to Barron’s, “This could be a good year for the Dogs after the strategy lagged behind the overall index for the fourth year out of the past five during 2021. The Dogs returned 16.3% including dividends in 2021, while the Dow Industrials had a return of 20.9%.”
Year to date:
- Verizon (VZ) – which carries a dividend yield of 4.63% – ran from $50.74 to $55.28
- Dow (DOW) – with a yield of 4.25% – ran from $56.11 to $70.16 so far
- IBM (IBM) – with a yield of 4.74% – ran from $132.04 to $141.03 so far
- Chevron (CVX) – with a yield of 3.37% – ran from $116 to $168.78
- Walgreens (WBA) – with a yield of 4.06% – fell from $51.74 to $47.03
- Merck (MRK) – with a yield of 3.18% – ran from about $75 to $86.75
- 3M (MMM) – with a yield of 3.92% – fell from $174 to $152.13 so far
- Amgen (AMGN) – with a yield of 3% – ran from $220 to $258.32
- Coca-Cola (KO) – with a yield of 2.63% – ran from $58 to $66.93
- Intel (INTC) – with a yield of 3.04% – fell from $51 to $48.11 so far
Seven out of 10 so far isn’t bad at all.
With dividends to boot, never ignore the Dogs of the Dow.
