The Highest-Yielding Stocks in the Dow Jones Industrial Average

Source: Capital Pixel

The Dow Jones Industrial Average (DJIA) is the most quoted stock average among followers of the markets.  "Where's the Dow?" is the question people ask when they want to know how the market is doing.  The average is comprised of 30 stocks and has been used since 1896 to track the market.

Most market participants are somewhat familiar with the DJIA, but how many can name the highest-yielding stocks in the average?  And what is the yield on the highest yielders?  This is especially interesting today because, for the first time in decades, the dividend yield on market indices is above the yield on Treasury bonds--which has led many to rethink the whole bond allocation question.

In any event, these questions are readily with a neat table I found on The Dynamic Dividend blog listed in the "Weekly Reading" list on the Dividend Pig's blog.

Here's the first part of the table:

Source: The Dynamic Dividend

CLICK TABLE TO ENLARGE,/b> As you look at the yields, recall that the yield on the 10-year Treasury note is slightly below 2%! Furthermore, the payout on the Treasury is fixed for the next 10 years; whereas many dividend payers increase their payout.  In fact, one of the really good reasons to follow the dividend bloggers (as I call them) is that they do great analysis to identify those companies likely to increase dividends.

Be sure to visit Dynamic Dividend to see the compete list and follow its updating, especially if you are looking for ideas among dividend payers.