This mini-portfolio of Dow dividend stocks is well-positioned to generate income and deliver outperformance in tempestuous market times.
Here's how we found the Dow's best dividend stocks to buy
now. Using data from S&P Global Market Intelligence, we screened the
blue-chip barometer for Wall Street analysts' highest-rated Dow components, but
this time with dividend yields of at least 2.5%.
A quick note on S&P Global Market Intelligence's ratings
system: S&P surveys analysts' stock recommendations and scores them on a
five-point scale, where 1.0 equals a Strong Buy and 5.0 is a Strong Sell. Any
score equal to or below 2.5 means that analysts, on average, rate the stock at
Buy. The closer a score gets to 1.0, the stronger the consensus Buy
recommendation.
That led us to the following five Dow dividend stocks, which
we list below by strength of analysts' consensus recommendations, from lowest
to highest conviction. (Market data and analysts' ratings are as of Oct. 21.)
Three of the original five names remain the same, and only
time will tell if our updated index performs as well as our initial index. But
if this updated mini-portfolio comes anywhere close to delivering the same sort
of outperformance as our first index, the best Dow dividend stocks will once
again demonstrate their value in uncommonly uncertain times.
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