Dogs of the Dow investment & finance definition

A trading strategy that recommends buying equal amounts of the ten highest yielding stocks in the Dow Jones Industrial Average. Many people adopt this strategy and buy the stocks at bargain prices to get the high yield. The buying activity pushes the price of the stocks up. The Dogs of the Dow typically receive renewed attention from shareholders at the end of the year who are looking to make trades to produce higher returns for the next year. The strategy also has been adapted to other world stock indices.