On the money

President Bush has proposed eliminating the tax on dividend income. This may have a significant affect on the “Dogs of the Dow” investment strategy, a popular stock-picking method based on dividend yield.

With this in mind, it might be a good time to visit or revisit some of these Web sites to learn about how the “Dogs of the Dow” strategy works and what stocks currently offer the highest dividend yield.

  • Dogs of the Dow

www.dogsofthedow.com

It’s a resource devoted to high-dividend-yield stocks.

  • Dow Jones Indexes

www.djindexes.com/jsp/dow510Faq.jsp

The site provides a straightforward explanation of how the “Dogs of the Dow” stock picking works.

  • StockSelector.com

www.stockselector.com/topyield.asp

It provides daily updated lists of equities.

  • WinningInvestments.com

www.winninginvestments.com/Dogs.asp

It explains the different approaches to the “Dogs of the Dow” dividend yield strategy.