Investing

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

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

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.