WDC Back Atop NASDAQ Dogs For August



  • August NASDAQ index yields ranged 3.04% to 8.22% for CA, PAYX, MXIM, CSCO, QCOM, VIAB, WDC, MAT, VOD, & STX. Those NASDAQ ten and Dow dogs charged bullishly into August.
  • 48 NASDAQ dividend payer yields ranged from 0.48% as of August 2. NASDAQ top ten average cost for $1 of annual dividend was $24.55. Dow top ten averaged $27.72.
  • Average upside of 23.45% and net gains of 24.23% were calculated for the top NASDAQ ten. WDC at 33.2% & 35.6% led. Lowest NASDAQ dog, PAYX, fell 10.8%.
  • Top ten gainers were MAT, AAPL, MDLZ,WBA, FOXA, SWKS, VOD, FOX, GILD, & WDC. Losses were posted by NTAP, & PAYX.
  • Ten top yield NASDAQ stocks projected 11.97% more net gain from $5k invested in the lowest priced five than from $5K put in all ten per analyst targets.

The Dividend Dogs Rule

Stocks earned the "dog" moniker by exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs."

NASDAQ August Tech Savvy Dividend Dogs

NASDAQ 100 Index members paying dividends were scored as of market closing prices August 2. Yield (dividend / price) results for 48 dividend paying NASDAQ stocks were combined with analyst 1-yr target projections to form the actionable conclusions below.

Actionable Conclusion (1) 10 Top NASDAQ Dogs Sported 3.04% to 8.22% Yields as of August 2

Seeking Alpha reader requests prompted this series of index-specific articles reporting dividend yield plus price upside results for these indices: Dow 30; S&P 500; S&P Aristocrats; NASDAQ 100; Russell 1000; Russell 2000; Champions; Contenders; Challengers; CCC Combined; and Global. Bonus reports cover Bad Boy AllStars, and Sector Leaders.

Forty-Eight Show The Money

This article was written to reveal bargain stocks to buy and hold up to one full year. See Dow 30 article for explanation of the term "dogs" for stocks reported based on Michael B. O'Higgins book "Beating The Dow" (HarperCollins, 1991), now named Dogs of the Dow. O'Higgins system works to find bargains in any collection of dividend paying stocks. Utilizing analyst price upside estimates expanded the stock universe to include popular growth equities, as desired.

Dog Metrics Sought NASDAQ Stocks by Yield

NASDAQ states:

"The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial securities listed on The Nasdaq Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain securities of financial companies including investment companies."

Four of eleven Morningstar business sectors

This article was written by

Fredrik Arnold profile picture
Simple, straightforward 7-step analysis that finds lucrative income stocks.
Fredrik Arnold is my pen name. In 2012 I retired from doing quality service analysis in Boston and moved to North Carolina in 2013, thence to Central Oregon in 2018. My fascination with capital preservation, long-term investments, and trading systems keeps me blogging for Seeking Alpha. My articles focus on dividend yields, analyst median 1 yr targets, free cash flow yields, and one-year total returns as stock trading indicators. These are essential tools for catching the most valuable dividend dogs. My dividend dogcatcher premium site in the Seeking Alpha Marketplace shows annual real-time trading results since 2015.

Disclosure: I am/we are long CSCO, PFE, VZ. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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