Below is the 2013 “Dogs of the Dow” list, which represents the top 10 dividend yielding stocks in the Dow Jones Industrial Average at the beginning of the year. McDonald’s Corp. (NYSE: MCD) is back on the list after a one-year hiatus and Hewlett-Packard (NYSE: HPQ) is new to the list.
AT&T (NYSE: T): Price $33.71; Dividend Yield 5.34%. AT&T raised its quarterly dividend 2.3% to $0.45/share with its last announcement on 11/7. The dividend will be payable on February 1, 2013, to stockholders of record on January 10, 2013, with an ex-dividend date of January 8, 2013.
Verizon Communications Inc. (NYSE: VZ): Price $43.27; Dividend Yield 4.76%. Verizon raised its quarterly dividend 3% to $0.515/share with its September announcement.
Intel Corporation (Nasdaq: INTC): Price $20.62; Dividend Yield 4.36%. Intel raised its quarterly dividend 7.1% to $0.225/share with its July announcement.
Merck & Co. Inc. (NYSE: MRK): Price $40.94; Dividend Yield 4.20%. Merck raised its quarterly dividend 2.4% to $0.43/share with its November announcement.
Pfizer Inc. (NYSE: PFE): Price $25.08; Dividend Yield 3.83%. Pfizer raised its quarterly dividend 9.1% to $0.24/share with its December announcement.
DuPont (NYSE: DD): Price $44.98; Dividend Yield 3.82%. DuPont raised its quarterly dividend 4.9% to $0.43/share with its April announcement.
Hewlett-Packard (NYSE: HPQ) Price $14.25; Dividend Yield 3.72% (*NEW). HP raised its quarterly dividend 10% to $0.132/share with its May announcement.
General Electric (NYSE: GE): Price $20.99; Dividend Yield 3.62%. GE raised its quarterly dividend 11.8% to $0.19/share with its December announcement.
McDonald’s Corp. (NYSE: MCD): Price $88.21; Dividend Yield 3.49% (*NEW). McDonald’s raised its quarterly dividend 10% to $0.77/share with its September announcement.
Johnson & Johnson (NYSE: JNJ): Price $70.10; Dividend Yield 3.48%. Johnson & Johnson raised its quarterly dividend 7% to $0.61/share with its April announcement.