US equities struggled in October, the S&P 500 declined by 2.66%, after losing 3.8% in September. The Dividend Aristocrats ended this month down -1.92% and are down -4.47% year-to-date. The investors struggled with the rising coronavirus infections, a mixed start of the earnings season, and the upcoming US elections.
The Dogs of the Dow lost on average -4.2% in October 2020, excluding dividends. Nine out of the ten Dogs posted a negative performance last month, only 3M (MMM) gained 2.25% in October. The average dividend yield is 5.5%
October 2020 performance
So let’s have a look at the performance of the Dogs of the Dow individually for last month. The table below lists all 10 dogs of the dow 2020 companies, sorted descending by dividend yield and lists returns over last month, 3-, 6-, and 12-month periods and year-to-date.
The current Dogs of the Dow
The average dividend yield for the Dow-30 is 2.83%, which is already a good rate. Also, the average number of consecutive years of dividend increase is high with almost 22 years. Getting close to the dividend aristocrats’ status. The list of the current Dogs of the Dow based on the new index composition is below, along with the current dividend yield of the top-ten yielding DJIA stocks.
For the latest data please have a look at the dogs of the dow tracker.
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