2008 Dogs of the Dow (C, PFE, T, VZ, MO, GM, DD, JPM, GE, HD)

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By Douglas A. McIntyre Published
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Since it is year-end, we wanted to compile a list of the 2008 likely Dogs of the Dow.  We included Friday’s closing prices for each DJIA component and we also gave the current dividend yield.  It is always possible that these can change if the performance shoots up or if other DJIA components get hit extremely hard, but these should be the 10 Dogs of the Dow, sorted by yields going highest to lowest:

Citigroup (C) $30.24                       7.2%
Pfizer (PFE) $23.24                         5.5%
AT&T (T) $41.48                               4.0%
Verizon (VZ) $44.32                         3.9%
Altria (MO) $77.43                            3.9%
General Motors (GM) $26.64         3.8%
Dupont (DD) $45.35                        3.7%
JPMorgan Chase (JPM) $44.11    3.5%
General Electric (GE) $37.14         3.4%
Home Depot (HD) $26.66              3.4%

We’ll be following up next week with a more expanded statistical piece along with our own outlook from a673b.bigscoots-temp.com for each component of the 2008 Dogs of the Dow.

Jon C. Ogg
December 22, 2007

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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