The Dow Jones Industrial Average (DJIA), or simply the Dow, is a stock market index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market.
The value of the Dow is not a weighted arithmetic mean and does not represent its component companies' market capitalization, but rather the sum of the price of one share of stock for each component company. The sum is corrected by a factor which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.
In today's article, I have decided to list all 30 Dow Jones companies by yield in 2018
| Name | Ticker | Price | Yield | Earning per share |
Dividend growth (years)
|
| Verizon | VZ | $53.73 | 4.49% | $2.41 | 11 |
| IBM | IBM | $140.85 | 4.46% | $6.28 | 18 |
| ExxonMobil | XOM | $81.38 | 4.03% | $3.28 | 35 |
| Chevron | CVX | $117.77 | 3.80% | $4.48 | 32 |
| Procter & Gamble | PG | $79.06 | 3.63% | $2.87 | 61 |
| Coca-Cola | KO | $44.68 | 3.49% | $1.56 | 55 |
| Pfizer | PFE | $43.78 | 3.11% | $1.36 | 8 |
| JPMorgan Chase | JPM | $106.95 | 2.99% | $3.20 | 7 |
| Cisco Systems | CSCO | $45.71 | 2.89% | $1.32 | 7 |
| McDonald's | MCD | $163.82 | 2.83% | $4.64 | 41 |
| Merck & Company | MRK | $69.81 | 2.75% | $1.92 | 6 |
| 3M | MMM | $198.23 | 2.74% | $5.44 | 59 |
| Johnson & Johnson | JNJ | $133.87 | 2.69% | $3.60 | 55 |
| Intel | INTC | $44.88 | 2.67% | $1.20 | 3 |
| DowDuPont | DWDP | $59.66 | 2.55% | $1.52 | - |
| Travelers | TRV | $123.65 | 2.49% | $3.08 | 9 |
| Caterpillar | CAT | $142.07 | 2.42% | $3.44 | 8 |
| Walgreens Boots Alliance | WBA | $73.50 | 2.39% | $1.76 | 42 |
| United Technologies | UTX | $129.63 | 2.27% | $2.94 | 6 |
| Walmart | WMT | $94.81 | 2.19% | $2.08 | 43 |
| The Home Depot | HD | $192.47 | 2.14% | $4.12 | 5 |
| Boeing | BA | $360.11 | 1.90% | $6.84 | 6 |
| Microsoft | MSFT | $109.57 | 1.68% | $1.84 | 14 |
| American Express | AXP | $103.00 | 1.51% | $1.56 | 6 |
| Goldman Sachs | GS | $213.87 | 1.50% | $3.20 | 6 |
| Walt Disney | DIS | $112.61 | 1.49% | $1.68 | 1 |
| UnitedHealth Group | UNH | $259.61 | 1.39% | $3.60 | 8 |
| Apple | AAPL | $222.11 | 1.31% | $2.92 | 5 |
| Nike | NKE | $75.91 | 1.05% | $0.80 | - |
| Visa | V | $140.06 | 0.60% | $0.84 | 9 |
Dow Jones 30 (Data source for annualized dividend and growth in years: Dividend.com)
Dividend yield for Dow Jones component companies in 2018 is ranging from 0.6% (Visa) up to 4.49%(Verizon). In total there are 7 companies with a yield higher than 3% (anything below, is not interesting for me right now)
Also, it should be noted there are a couple of the so-called dividend aristocrats raising dividends for more than 25 years. In total Dow Jones component companies there are 9 dividend aristocrat companies:
- ExxonMobil
- Chevron
- Procter & Gamble
- Coca-Cola
- McDonald's
- 3M
- Johnson & Johnson
- Walgreens Boot Alliance
- Walmart
As I'm into the research phase looking to invest a little bit of money into dividend aristocrats and with a yield higher than 3%, there are a couple of companies I'm looking on to invest in 2019. Right now candidates are Procter & Gamble and Coca-Cola.
Few stocks have been chosen as the cornerstone in retirement portfolios as often as Coca-Cola (NYSE:KO) and Procter & Gamble (NYSE:PG). These dividend-paying stalwarts are looked on to provide safety and stability for nest eggs -- and for good reason: between mid-2000 and the end of 2014, they returned an average of 229% for investors -- including dividends. That far outpaced the S&P 500's return of just 80%. See: Better Buy: The Coca Cola Co (KO) vs. Procter & Gamble Co (PG)
