Congressman Chases Dividend Stocks: The Four Dow Jones Components He Bought In December
Benzinga·2026-01-06 17:29

Core Insights - Retail investors are increasingly monitoring the stock trading activities of Congress members, which may indicate potential investment opportunities in stocks that could benefit from government contracts [1] - Congressman Lloyd Doggett has disclosed several stock purchases, primarily consisting of Dow Jones Industrial Average stocks, indicating a strategic investment approach [2][6] Group 1: Stock Purchases - Doggett's recent stock purchases include four Dow Jones Industrial Average stocks and PPG Industries, a paint and protective products company [2] - The stocks purchased by Doggett were made using dividends from existing holdings, a method known as dividend reinvestment [5] - The specific stocks purchased include Home Depot, Coca-Cola, PPG Industries, International Business Machines, and Johnson & Johnson, with investments ranging from $1,000 to $15,000 for each stock [8] Group 2: Dividend Yields and Performance - The dividend yields for the purchased stocks are as follows: Coca-Cola at 2.9%, PPG Industries at 2.7%, Home Depot at 2.7%, Johnson & Johnson at 2.5%, and International Business Machines at 2.2% [9] - Johnson & Johnson and IBM were among the best-performing stocks in the Dow Jones Industrial Average in 2025, with gains of 43.1% and 39.1% respectively, while Home Depot experienced a loss of 11.5% [10] - Doggett's strategy of reinvesting dividends in high-yielding blue-chip stocks is expected to enhance his share accumulation and dividend payments over time, provided the companies maintain their payouts [10]

Congressman Chases Dividend Stocks: The Four Dow Jones Components He Bought In December - Reportify