Executive Summary

Bargain Hunters Eye the Dow: Current valuations in the Dow are lower than the S&P 500 and have a higher dividend yield, possibly signaling attractive returns on the horizon.

Second Quarter Leaders: Energy and Technology

Second Quarter Laggards: Financials, Telecommunications, and Discretionary

Taking a Long-Term Approach: Rising rates may hinder dividend strategies in the short term, but longer term investing in quality dividend stocks with strong earnings has outperformed since the late 1930s.