“Special” dividends fly right under Wall Street’s radar. Which is great for contrarian income seekers like us. These payouts aren’t officially “counted” by most mainstream websites!
It’s a big accounting error in our favor because these dividends can really add up. Today we’ll discuss five special dividend payers with yields up to 16%.
Most websites won’t report 16%, of course. For whatever reason, they just can’t compute specials!
Special dividends are technically considered one-time payouts. So, vanilla websites assume they won’t happen again, and thus leave them out of their yield calculations.
But there’s more than one kind of special dividend.… Read more
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