5 Dogs of the Dow Dividend Stocks to Buy

In this article, we discuss 5 Dogs of the Dow dividend stocks to buy. If you want to read our detailed analysis of the Dogs of the Dow strategy and its returns over the years, go directly to read 12 Dogs of the Dow Dividend Stocks to Buy. 

5. International Business Machines Corporation (NYSE:IBM)

Dividend Yield as of November 9: 4.54%

International Business Machines Corporation (NYSE:IBM) is a global tech and consulting company. It provides a wide range of information technology (IT) services to businesses and organizations. The company declared a quarterly dividend of $1.66 per share on October 30, consistent with its previous dividend. Overall, it has raised its dividends every year for the past 28 years. The stock’s dividend yield on November 9 came in at 4.54%.

At the end of Q2 2023, 51 hedge funds in Insider Monkey’s database reported having stakes in International Business Machines Corporation (NYSE:IBM), growing from 49 in the preceding quarter. The consolidated value of these stakes is roughly $814 million.