If you are looking for value stocks in the Dow Jones, the following chart may help. Management teams don't usually target dividend yields significantly higher than their peers, and a high dividend yield could be an indication that management expects the stock price to go higher. (Theoretically, management has more [inside] information than you). Boeing, Pfizer and Intel stand out. An extremely high dividend yield could also be a signal of distress, but at the very least, it may be an indication of a stock worth looking into.