5-Unheralded High Yield Dividend Stocks

My focus is to find attractive dividend opportunities with a few unheralded companies in their respective sectors. Calumet Specialty Products Partners LP (CLMT) CLMT is a recognized industry leader in refining and processing of speciality hydrocarbon products. The product mix includes petroleum waxes, white mineral oils, and aliphatic solvents. CLMT has achieved a stable and increasing dividend since a dividend cut in 2008. Currently, CLMT's dividend yield is 8.8%. The unique nature of CLMT's refining and processing provides an investor opportunity to obtain a higher-than-average dividend yield. The company does have a General Partner, who retains a 2% ownership stake. This does put upward pressure on CLMT's overall cost of capital. CLMT actively hedges energy products, as the SEC 10Q states on page 19. Click to enlarge:Linn Energy, LLC (LINE) LINE concentrates on acquiring long-lasting oil and natural gas properties. The core assets are based in the mid-continent and... Read more