Should You Buy the Second-Highest Yielding Stock in the Dow Jones Industrial Average?
The Dow Jones Industrial Average contains 30 blue chip companies, almost all of which pay dividends. And while the index yields more than the S 500 and Nasdaq Composite, there are only two of its stocks that yield over 5%.
Verizon Communications (NYSE: VZ) is one of them, with a 6.5% yield. The other is commodity chemical company Dow (NYSE: DOW).
It has nothing to do with the "Dow" in the Dow Jones Industrial Average. Confusion aside, here's why Dow is an excellent undervalued high-yield dividend stock.
Source Fool.com