Dow Jones Industrial Average Offers Solid Dividend Ideas
If you’re looking for sexy stocks to impress your friends at the next cocktail party, this index isn’t for you. But if you like good, old-fashioned dividends, then you’ll like the Dow Jones Industrial Average just fine.
The Dow Jones sometimes gets a bad rap. Its 30 holdings represent only a small fraction of the U.S. stock market. The price-weighted methodology means a high-priced stock like 3M has six times the weight of a low-priced stock like Cisco.
But as a source of income ideas, the Dow Jones Industrial Average is great. These are no fly-by-night operations. The list reads like a “who’s who” of world-dominating businesses, cranking out monster profits year after year.
Most of this cash is passed right on to shareholders. Simple. Stable. Profitable. The index features some of the most reliable dividend stocks in the market.
With that preamble, let’s take a look at the top-yielding stocks...
Source: Profit Confidential