Dividend Contenders Vs. Dogs Of The Dow In January

Last week David Fish published his Dividend Contenders: Smackdown XXII here on Seeking Alpha. He defines Contenders as "companies that have paid higher dividends for 10-24 years." This article utilizes the dogs of the index strategy to sort David's Top ten Contenders as of January 13 into a suitable grouping of ten to trade. The aim of this article is to help determine which dividend stocks are good, better, best, bad or ugly. This article also aims to provide strong evidence of the need to heed Yale professor Robert Shiller's observation: "People still place too much confidence in the markets and have too strong a belief that paying attention to the gyrations in their investments will someday make them rich, and so they do not make conservative preparations for possible bad outcomes." The Dogs of the Index Strategy Two key metrics determine the yields that rank index dog stocks: (1)... Read more