DJ-30 -- An Analysis of the Dow Jones Industrial Average Component Dividend Payers 12/1/2023 to 11/29/2024
An analysis of 28 of 30 components and their dividends over the past year.
As always, please read our disclaimer.
The following stocks are sorted in descending order of greatest “yield.”
For most stocks, we usually do descending “yield + capital gain” but here the list is sorted by descending yield.
Also be aware that for MMM there was a special spinoff payment on 4/1/2024 which is unlikely to be repeated.
[1]. MMM
MMM had a recent dividend of $0.7000 and had 5 dividends from 12/1/2023 to 11/29/2024. The total dividends for that period were $21.1129 (this includes a special dividend/spinoff on 4/1/2024). This resulted in a Yield during that period of 21.14%. During that same period MMM had a starting price of $99.85 and an ending price of $133.53. This resulted in a capital gain of 33.73%. The total return (yield+capital gains) for the period is 54.88%. The standard deviation of dividends for the time period was 6.6015. The average volume of MMM during the time period was 4,715,293.
For further information, please see the following link:
https://seekingalpha.com/symbol/MMM/dividends/yield
[2]. VZ
VZ had a recent dividend of $0.6775 and had 4 dividends from 12/1/2023 to 11/29/2024. The total dividends for that period were $2.6872. This resulted in a Yield during that period of 6.97%. During that same period VZ had a starting price of $38.58 and an ending price of $44.34. This resulted in a capital gain of 14.93%. The total return (yield+capital gains) for the period is 21.9%. The standard deviation of dividends for the time period was 0.0054. The average volume of VZ during the time period was 18,665,685.
For further information, please see the following link:
https://seekingalpha.com/symbol/VZ/dividends/yield
[3]. CVX
CVX had a recent dividend of $1.6300 and had 4 dividends from 12/1/2023 to 11/29/2024. The total dividends for that period were $6.5558. This resulted in a Yield during that period of 4.53%. During that same period CVX had a starting price of $144.81 and an ending price of $161.93. This resulted in a capital gain of 11.82%. The total return (yield+capital gains) for the period is 16.35%. The standard deviation of dividends for the time period was 0.0. The average volume of CVX during the time period was 7,922,424.
For further information, please see the following link:
Keep reading with a 7-day free trial
Subscribe to The Dividend Farmer to keep reading this post and get 7 days of free access to the full post archives.