These 10 Dow Components Currently Yield 3% or More

Many investors have been craving higher yielding investments lately, and for various reasons. The interest rate most banks now offer for cash and CDs is next to nothing, as are short term U.S. Treasuries. Intermediate Treasuries aren’t much better and according to the Department of the Treasury’s daily yield curve rates, you have to buy a 10-year Treasury security to receive a yield above 3%, though the 7-year notes may soon go above 3%. Worse yet, U.S. debt is being downgraded as I type. As a result, many investors are avoiding the bond markets, until we finally enter a higher rate environment, avoiding potential depreciation, and looking for stable equities that can fill the fixed income portion of their portfolio. There are literally thousands dividend paying equities and funds (of the mutual, closed-end and exchange traded varietals) that pay a dividend. At least a few must be terrible investments (such... Read more