The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread 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.