The Dogs of the Dow is one of the easiest screens to run. Simply find the 10 highest yielding stocks in the DJIA and viola, you have the Dogs.
For 2012, the Dogs returned 9.82% on average. Not bad and beating the DJIA for the year. Let’s take a look at the names from the most recent litter.
As it stands now, the list for 2013 has a few new names that have changes Proctor & Gamble (PG) is out and Hewlett-Packard (HPQ) is in. Mondelez (MDLZ) is also being thrown out and being replaced by McDonalds (MCD).
It is a simple strategy that is rotated/rebalanced once a year and has done a decent job of beating the DJIA over time.
For more, check out Dogsofthedow.com.