Surprise! These 5 Stocks Are “Hiding” Up to 6.7% in EXTRA Yield!

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Surprise! These 5 Stocks Are “Hiding” Up to 6.7% in EXTRA Yield!

Today we’ll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%. And even a headline 15% yield that is understated because the company handed out 16.1% last year.

Wait. What?

These “typos” fool the mainstream financial websites. We are discussing special dividends today. Payouts that are awarded as a bonus to regular quarterly dividends.

Only a select few firms dish specials. Sometimes, it’s thanks to a sudden influx of money. Let’s take billboard and transit display giant Outfront Media (OUT) which sold its Canadian business for C$410 million in cash in June.

Fast forward to November, and Outfront announced a massive 75-cent special dividend on top of its 30-cent quarterly dividend, vaulting its 12-month yield from a healthy 6.3% to a mouth-watering 10.2%.… Read more

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These Mega-Dividends Shell Out Up To 19% … But Are They Safe?

As we return Mariah Carey to the ocean depths for another year, we turn our attention to our next seasonal siren—double-digit dividend stocks.

They are, after all, the perfect way to retire on dividends, right? Put $500,000 in a portfolio of 10% payers and we’re looking at $50,000 in annual dividend income. Plus we get to keep our principal.

Right?

Not always. Most double-digit divvies are “cheap for a reason.” These are dogs dressed up as dividend payers. But the payouts are often in danger. Which means price stability is equally dicey. Which is why we often say no thanks to these mega-headline yields.… Read more

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