Worried about sliding interest on your savings? These three Dow stocks are yielding more than 4%.
Verizon ( VZ 0.62% ) is currently the highest-yielding stock in the Dow Jones Industrial Average (DJINDICES: ^DJI) , and it isn't even close. The wireless carrier is shelling out 6.3% of its market cap a year to its shareholders, 200 basis points higher than any of the 29 other stocks in the iconic index.
Chevron ( CVX 0.17% ) and Merck ( MRK -0.27% ) are the only other Dow 30 components yielding north of 4%. With the leading money market rates now buckling below the 4% mark, it could be a good time for income investors to consider high-yielding Dow stocks. The risks are clearly there in swapping fixed-income investments for equities, but the ideal scenario in the p