Looking for the Dogs of the Dow, 2023 edition? You came to the right place.
We’ll explore these 10 blue-chip dividend bargains in a moment. Collectively, they are yielding 4.5%! But first, a quick recap of the strategy and homage to its 2022 “mini miracle.”
Last year was a dumpster fire for most mainstream investors. The market-at-large dropped 18%. “Safe” bond funds shed 25%, 30% or more. Yikes.
But the dogs ran. Not only did they outpace the market, but they delivered positive gains!
Who were these income greyhounds? And what’s the lineup for ’23? First, a refresher on this simple three-step strategy:
- Step 1: After the final trading day of the year, identify the 10 highest-yielding stocks in the Dow.