Big Pharma Dominates Healthcare But Caregivers Are Top Sector Yield Dogs In July
Paging Dr. Dawg!
The "dog" (or dawg) moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs."
Yield (dividend / price) results from here verified by Yahoo Finance were calculated as of June 16, 2016 for Small, Mid, & Large cap communication service stocks. Small cap firms were valued at $200M(illion) to $2B(illion); Mid cap firms were worth $2B to $10B; Large caps were valued above $10B. Those yield results led to the actionable conclusions discussed below.
Forty Six Prepped For Examination
Since late 2011, this report series has applied dog dividend methodology to uncover possible buy opportunities in each of eight major market sectors listed by Yahoo Finance: basic materials (BasMats), consumer goods (ConGo), financials (Fins), healthcare (Heal), industrial goods (IndiGo), services (Svcs), technology (Tec), and utilities (Utes). In the past two years, the series expanded to report (1) dividend yield, (2) price upside, and (3) net gain results based on analyst one-year target projections.
The series was recently revised to report on 11 sectors as defined by Morningstar and tracked here: Basic Materials, Communication Services, Consumer Cyclical, Consumer Defensive, Energy Financial Services, Healthcare, Industrials, Real Estate,... Read more