3 Little Known 7% Yields (With 50% Upside, Too)

Income investors have mined just about every corner of the market for yield. Blue-chip dividend stalwarts like Microsoft (MSFT) and Exxon Mobil (XOM) are downright expensive at this point thanks to a growing crowd of yield hunters. Those seeking more substantial yields have guzzled the alphabet soup, jumping into REITs, MLPs, BDCs and CEFs. To quote the Barenaked Ladies, “It’s all been done.” But in my hunt for less appreciated sources of high yield, I’ve come across three stocks that the financial media barely discusses, and that most investors don’t even know about. What really sticks out about these stocks isn’t just their yields – which range between 7% and 12%! – but their range of unique and unusual business models. Some of Wall Street’s best speculations lie in little-known areas of the market where there are wide moats and little competition thanks to the niche nature of these opportunities. ... Read more