Finding Big Dividends in Unusual Places
When looking for outsized dividends, investors typically turn to the old standbys: Utilities, Master Limited Partnerships, Real Estate Investment Trusts and Business Development Companies. I decided to look for dividend opportunities outside of the typical industries. What I found was a restaurant, an apparel manufacturer, a publisher, a technology company, and even a company that deals in collectibles. It is important to note that I am not recommending you run out and buy any of the companies mentioned in this article. It is simply an exercise to show that you can find potentially good investments in places that many investors would never think to look. Of course the key to dividends is having a company with stable or increasing cash flow that can support a long-term stream of payouts and hopefully increases. Below are a few companies that had higher then average dividends in industries you might not expect.Wayside... Read more