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Last up on our list of Dogs of the Dow is
General Electric (
GE), the industrial conglomerate. GE is most investors' idea of a prototypical blue chip, and it's got the dividend payout to prove it; right now, GE pays a 3.09 yield. As the economy's green shoots turn greener, GE's exposure to the global industrial cycle should prove lucrative for investors.
General Electric has a hand in making everything, from jet engines to wind turbines to medical equipment. At first, GE's businesses look disparate: What does a refrigerator have to do with a sonogram machine? But the firm has found great success in making the puzzle pieces fit together and share technologies and customers across business lines. One common thread is that GE's products are capital intense for their customers -- that means that a liquid credit market is critical for GE's success. Luckily, it doesn't get much more liquid than it is right now.
One of GE's biggest businesses is GE Capital, the firm's financial services arm. That captive finance arm almost sunk GE just a few years ago thanks to huge bets on the consumer sector, but most of the skeletons have been shaken out of the closet at this point. As equities continue to do well, so should GE Capital and its parent company.
To see these stocks in action, check out the at
Dogs of the Dow portfolio on Stockpickr.
-- Written by Jonas Elmerraji in Baltimore.
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