Update: Dogs of the Dow Jones As Of March 2012

Submitted by Dividend Yield using our Trefis Contributor Tool

Here is an updated sheet of the 10 best Dogs of the Dow. Such stocks have the lowest expected price to earnings ratio and highest dividend yield within the Dow Jones Index. The ten cheapest stocks of the Dow Jones have an average dividend yield of 3.61 percent as well as a forward P/E ratio of 12.08. The average P/B ratio amounts to 2.87 and P/S ratio is 1.94. The two best results are still AT&T (T) and Verizon (VZ). Both companies come from the domestic telecom services industry and have a yield over 5 percent. The second strongly represented industry is the major drug manufacturing industry, covering the following positions. But the best recommended stocks are Kraft Foods (KFT) and General Electric (GE). 90 percent of the results have a yield over 3 percent.

Here are my favorites:

1. General Electric Company (GE) has a market capitalization of $212.15 billion. The company employs 301,000 people, generates revenues of $147,300.00 million and has a net income of $14,366.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $29,283.00 million. Because of these figures, the EBITDA margin is 19.88 percent (operating margin 13.64 percent and the net profit margin finally 9.75 percent).
The total debt representing 63.22 percent of the company’s assets and the total debt in relation to the equity amounts to 389.43 percent. Due to the financial situation, a return on equity of 11.06 percent was realized. Twelve trailing months earnings per share reached a value of $1.23. Last fiscal year, the company paid $0.61 in form of dividends to shareholders.

Here are the price ratios of the company: The P/E ratio is 16.37, P/S ratio 1.42 and P/B ratio 1.80. Dividend Yield: 3.44 percent. The beta ratio is 1.60.

2. The Procter & Gamble (PG) has a market capitalization of $185.81 billion. The company employs 129,000 people, generates revenues of $82,559.00 million and has a net income of $11,797.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $18,656.00 million. Because of these figures, the EBITDA margin is 22.60 percent (operating margin 19.16 percent and the net profit margin finally 14.29 percent).

The total debt representing 23.14 percent of the company’s assets and the total debt in relation to the equity amounts to 47.33 percent. Due to the financial situation, a return on equity of 18.32 percent was realized. Twelve trailing months earnings per share reached a value of $3.40. Last fiscal year, the company paid $1.97 in form of dividends to shareholders.

Here are the price ratios of the company: The P/E ratio is 19.84, P/S ratio 2.25 and P/B ratio 2.81. Dividend Yield: 3.11 percent. The beta ratio is 0.44.

3. Johnson & Johnson (JNJ) has a market capitalization of $178.91 billion. The company employs 117,900 people, generates revenues of $65,030.00 million and has a net income of $9,672.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $15,993.00 million. Because of these figures, the EBITDA margin is 24.59 percent (operating margin 19.01 percent and the net profit margin finally 14.87 percent).

The total debt representing 17.27 percent of the company’s assets and the total debt in relation to the equity amounts to 34.39 percent. Due to the financial situation, a return on equity of 17.02 percent was realized. Twelve trailing months earnings per share reached a value of $3.48. Last fiscal year, the company paid $2.25 in form of dividends to shareholders.

Here are the price ratios of the company: The P/E ratio is 18.71, P/S ratio 2.73 and P/B ratio 3.08. Dividend Yield: 3.53 percent. The beta ratio is 0.53.

The full list with fundamentals from the Dogs of the Dow Jones can be found here: Dogs of the Dow March 2012.

Selected Articles:
· Dividend Yield Update For Dow Jones And NASDAQ As Of March 2012
· The Best Dogs of the Dow Jones As Of February 2012
· 12 Of The S&P 500 Dividend Stocks With Highest Expected Growth
· The Cheapest High Yield Stocks On The S&P 500
· 12 Best Yielding NASDAQ Large Cap Dividend Stocks