JPMorgan Sovereigns Top Dogs Depressed In May
By Fredrik Arnold:This article reports results for the JPMorgan Sovereigns Index as of June 4 using the "Dogs of the Index" once per year trading system based on yield to determine the best buy opportunities for these large cap dividend stocks.Previous articles in this series reported April results from 3x9 and 1X9+1 Sector indices, the Russell 1000, S&P 500, NYSE International 100, NASDAQ 100, Dow 30, and S&P 500 Aristocrats indices.
Dogs of the Index Metrics
Two key numbers determined the yields that ranked stocks in each index: (1) stock price; (2) annual dividend. Dividing the annual dividend by the price of the stock declared the percentage yield by which each dog stock was ranked.Historically dividend dog investors utilized this ranking system to select portfolios of five or ten stocks in any one index, sector, or survey to trade. They awaited the results from their investments in the lowest priced,Complete Story »