The answer will follow the latest on Dividend Achievers at or near their 52-week lows.
Stocks within 5% of their 52 week low:
- Atmos Energy (ATO)
- Bandag Inc. (BDG)
- Popular Inc. (BPOP)
- Anhueser Busch (BUD)
- Conagra (CAG)
- Community Bank System (CBU)
- Commerce Group (CGI)
- Forest City Ent. (FCY)
- FNB Corp. (FNB)
- First Oak Brook (FOBB)
- Frischs Restaurants (FRS)
- General Electric (GE)
- Hersey (HSY)
- Johnson and Johnson (JNJ)
- Sara Lee (SRE)
- Sysco Corp. (SYY)
- Tootsie Roll (TR)
- Wrigley, WM (WWY)
If dividends were reinvested in the DJIA, the average would have been 652,230 at the end of 1998.
(source: Roger Clarke and Meir Statman. 2000. "The DJIA Crossed 652,230." Journal of Portfolio Management. Winter 89-93.)
