Meet the 2023 Dogs of the Dow
2022 was a horrible year for most stock investors. An extended bear market hit major benchmarks, with high-growth stocks taking the brunt of the damage. The Nasdaq Composite finished 2022 down 33%, and even the broader S&P 500 index lost 19% on the year.
By that standard, the 9% loss in the Dow Jones Industrial Average (DJINDICES: ^DJI) was a relatively good performance. Yet those who narrowed their look at Dow stocks to focus on top dividend payers in the popular index fared even better, as the strategy known as the Dogs of the Dow made money in 2022.
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Source Fool.com
