Highest Yielding Stocks On The Dow
Do you believe that financials, pharma and telecom can maintain through an economic downturn?
If so, you might want to take a look at the Dow Industrials where some of the largest companies in the world are currently offering investors notably large dividend yields.
Bank of America and Citigroup lead the list yielding at 8.3% and 6.9% respectively.
Pfizer comes in third with a 6.4% yield.
Telecom stocks AT&T and Verizon round out the top five with each yielding 5.1%.
Dividends are a great way to achieve profits each quarter in a holding without having to sell your position.
However, stocks facing a downturn could either end up cutting or eliminating dividends all together. Take General Motors for example. Their shares were yielding about 5% back in March, but have since suspended their dividend completely.
Here's the complete list (as of the 8/15 close):
Highest Yielders On The Dow Industrials
|Symbol||Dividend Yield (%)|