PDF 'Dogs of the Dow' Down Under - Market Index
The Dogs of the Dow strategy involves ranking the 30 constituent companies of the DJIA index according to their dividend yields at the end of the year, then investing in the top 10 stocks based on that ranking. O'Higgins and Downes (1992)2 prescribed a holding period of one year, beginning at the start of the year , and rebalanced annually ................
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