The Canine of the Dow weren’t the most effective in present final yr, however the latest rally in beaten-down corners of the inventory market is giving hope to followers of the favored contrarian funding technique.
The strategy calls for getting the ten shares with the best dividend yields of the 30 Dow elements at first of a yr—the Canine of the Dow—and holding them over the subsequent 12 months. The group of shares is rebalanced on the finish of every yr to take care of an funding within the high 10 dividend payers.
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