General Electric (GE) is another name that should probably qualify for "prototypical blue-chip" status. This firm is involved in a bevy of heavy manufacturing segments, from making jet engines to wind turbines and medical equipment. It's also arguably the only way to get financial sector exposure in your Dogs of the Dow portfolio; with around 25% of GE's profits coming from its financial services arm, the company is uniquely positioned to offer investors instant diversification.
GE's industrial arm is still the most attractive part of the firm. While industrials took their knocks during the recession when clients got shy about acquiring capital-intense assets, GE is making up for lost time in 2012.And investors have been taking note, making GE one of the most-bought industrial names in the last quarter. The firm's 3.4% dividend yield cements it in sixth place on the Dogs list. As of the most recently reported quarter, General Electric is one of Warren Buffett's holdings. Follow @stockpickr