The 2022 Dogs of the Dow beat the major indices again.

While the Dogs of the Dow stocks fell 1.6% on the year, once you add in the dividend payouts, the Dogs returned 2% on the year.

And while 2% may not sound like a big win, consider this.

In 2022, one of the worst years on record since 2008, the NASDAQ lost 33%.  The S&P 500 lost 19%.  The Dow Jones lost about 9%.  That 2% doesn’t look so bad now, does it?

Now, as we head into 2023, we expect for the Dogs to do even better.  To participate, you simply buy the top 10 highest-yielding stocks on the most beaten-down stocks on the Dow Jones.  A year from now, you close them out – hopefully for wins – and repeat with a new batch.  

For some history: In 2021, the Dogs of the Dow returned about 16.3%. While 2020 wasn’t a great year for the Dogs, most other years have done very well.  In 2019, the Dogs were up 20%.  In 2018, they were up about 1%, but still beat the Dow, which fell close to 6%.  In 2017, the dogs were up 19%.  In 2016, they were up 16%.

For 2023, the top Dogs include:

  • Verizon (VZ) – which has a current yield of 6.62%
  • Dow Inc. (DOW) – with a yield of 5.56%
  • Intel (INTC) – with a yield of 5.52%
  • Walgreens (WBA) – with a yield of 5.14%
  • 3M (MMM) – with a yield of 4.97%
  • IBM (IBM) – with a yield of 4.68%
  • Amgen (AMGN) – with a yield of 3.24%
  • Cisco (CSCO) – with a yield of 3.19%
  • Chevron (CVX) – with a yield of 3.16%
  • JPMorgan Chase (JPM) – with a yield of 2.98%

 Here’s hoping for another solid year for the Dogs of the Dow.