Tracking what members of Congress do with their money can sometimes feel like a game of connect-the-dots. You see a trade here, a committee assignment there, and occasionally a pattern emerges. For one lawmaker, the pattern is less about timing and more about consistency — a steady drip of dividends reinvested into the same blue-chip names, year after year.
Rep. Lloyd Doggett (D-Texas) disclosed buying shares of six stocks so far in 2026, according to filings tracked by MarketDash. None of these are new positions. Doggett has owned them before, and the filings explicitly note that the purchases were made through dividend reinvestment plans. In plain English: when the companies pay him a cash dividend, he uses that cash to buy more shares automatically.
Here are the six stocks Doggett bought in 2026, along with their current dividend yields:
- Coca-Cola (KO): 2.6%
- Home Depot (HD): 3.1%
- PPG Industries (PPG): 2.8%
- International Business Machines (IBM): 3.1%
- Johnson & Johnson (JNJ): 2.4%
- Procter & Gamble (PG): 3.1%
Five of these six are members of the Dow Jones Industrial Average, the index that tracks 30 of America's most established blue-chip companies. PPG Industries is the lone exception. The Dow is known for its dividend-paying stalwarts, and Doggett's picks fit that mold perfectly.
Dividend reinvestment is a classic strategy for long-term wealth building. Every quarter, when a company like Coca-Cola or Johnson & Johnson sends out a check, Doggett's plan uses that money to buy fractional shares. Over time, the number of shares he owns grows, and so does the total dividend payout — assuming the company doesn't cut its dividend. Many of these names have a history of raising their dividends annually, which turbocharges the compounding effect.
It's a low-key, almost boring approach to investing. But boring can be beautiful, especially when you're building a portfolio that could one day fund a retirement — or, in Doggett's case, simply reflect a preference for steady income over flashy growth.
