7 Quirky Dividend Stocks
With bond yields in the gutter for these past six years, investors have grown accustomed to looking in… shall we say… "nonconventional" places for yield. Whether in odd corners of the stock market or in dodgy-looking private placements, anything offering a respectable current income is bound to get at least a little attention.It's easy enough to understand why. The 10-year Treasury yields barely more than 2%, and traditionally high-yielding sectors like utilities and REITs yield less than 4%. Even "high-yield" junk bonds (and yes, you have to write "high-yield" in quotation marks these days) yield only 5.9%, and these come with the not-so-insignificant risk of default.Today, we're going to take a look at seven high-dividend stocks that fall a little outside the mainstream. Not all of these are dividend stocks that I would necessarily recommend, but all are worth at least keeping on your radar. It is their quirkiness and lack of inclusion in major benchmark indexes that tends to keep them off limits to large institutional investors and create the very conditions that make them worth considering for us.StoneMor PartnersI'll start with a stock that is one of my personal favorites…but one that also tends to give a lot of investors the heebie-jeebies: publicly-traded crypt keeper StoneMor Partners L.P. (NYSE: STON). StoneMor owns and operates 303 cemeteries and 98 funeral homes across the United States and Puerto... Read more