Dividend Achiever Watch List

The market showed sign of weakness this week. After the Dow opened at 9,541.63, it managed to gain only 2.57 points ending the week at 9,544.20. My watch list shrank from 7 to 6 companies this week. For the first time, I do not have any company that is within 10% of the yearly low. My advice is to hold or begin taking some profit and wait for a better opportunity. Here are the companies on my watch list as of August 28, 2009.
Note: You may notice that I do not have any financial institutions on my watch list. That is because I feel that the financial sector is weak. There are many regional financial institutions on my list but I omitted them due to risk factor.

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