Whenever a pundit says they’re going to show you some high-yield dividend picks, we all know what’s coming. Telecoms like Verizon (VZ) and AT&T (T). Maybe a utility or two, like Southern Company (SO). Sure, they’re big, they’re safe … but even when they’re down, they’re still wildly crowded trades.
So let’s explore five dividend stocks with bulletproof yields up to 9.3%. Their payouts are high because their stock prices are low – thanks to these firms’ undercover status.