Updated Dow Dog Dividend Champions for 2011

In an article last week, I discussed the “Dogs of the Dow” strategy, which calls for buying the 10 highest yielding companies in the Dow Jones Industrial Average at the end of the year. I decided to compare the Dogs (along with the rest of the components in that index) to my listing of Dividend Champions/Contenders/Challengers, which can be found here. My thinking was that investors might want to consider not just the current yield, but also the history of each company increasing its dividend on an annual basis, as well as the payout ratio for each company. Since I was using the prices as of December 28, the Dogs list was not yet final, and I stated that slight changes in the last few trading days of 2010 could easily cause Intel (INTC) to take the #10 place of General Electric (GE) among the Dogs.... Read more

Older articles featuring VGR: