Dogs of the Dow is a dividend-paying investment strategy that invests in the top ten dividend-paying stocks on the Dow Jones Industrial Average. Even though it does not outperform the Dow and the S& P 500 every year, the approach has an excellent long-term track record. Small Dogs is an extension of the Dogs method, which involves investing in the five Dogs with the lowest stock prices. The strategy is designed to provide investors with the highest dividend yield possible by selecting companies with high dividend yields. Implementing the strategy is simple and does not require any assumptions. Therefore, an investor can easily boost Dogs' results with this investment method.