Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
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Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Not only is it simple, the "Dogs of the Dow" also has a strong track record.
In fact, this classic value investing strategy — simply calling for buying the 10 stocks with the highest dividend yield in the Dow Jones Industrial Average — has outperformed the markets for the past four years straight and seven out of the last 10 years.
The Dow Jones High Yield Select 10 Total Return Index, which is a proxy for the Dogs of the Dow, has an average annual total return of 9.54 percent going back to 2001, versus 7.29 percent for the S&P 500, according to Bank of America Merrill Lynch. The dogs kept investors relatively safe last year, posting a loss of only 1.5 percent, versus the Dow's nearly 6 percent annual decline and the ′s 6.2 percent.
In 2019, investors could use a safer yet effective strategy that provides steady dividend income. While stocks have bounced back from their worst year since the financial crisis with the S&P 500 up 2 percent so far in the new year, the jury is still out if the market can hold up in the face of the ongoing trade battles and the Federal Reserve's rate-hiking agenda.
International Business Machines, Exxon Mobil and Verizon Communications are among the dogs for 2019. General Electric, which cut its dividend to 0.55 percent from 2.75 percent, is the only stock that got replaced in the new year and it's also no longer in the Dow. J.P. Morgan Chase is a new member of the dogs in 2019.