The Dogs of the Dow is a unique investment option that involves the 10 highest-yielding dividend stocks of all the 30 Dow Jones Industrial Average components. This strategy is put into action by determining the key 10 stocks after the close of the market on the last trading day of the year, which for 2010 was today, Friday, Dec. 31, and investing an equal dollar amount into each.
This strategy has produced decent to mixed results in the past, but for 2008 and 2009 the results vs. the total return of the Dow Jones Industrial Average weren't anything to write home about. For 2010, the popular strategy produced favorable results. The Dogs handily beat the Dow Jones Industrial Average, finishing the year up 15.5% while the Dow closed the year up 11%.
Source: TheStreet.com
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