Most mainstream financial websites are not “smart enough” to include special dividends. The yields they display reflect plain ol’ quarterly or monthly payouts.
For most stocks, this does not matter. But for a select few “special payers”, this is a costly oversight. One that we can capitalize on as thoughtful contrarians.
In a moment, we’ll discuss five special dividends. The vanilla screens say they pay as little as 3.2% but in reality they dish up to 13.8%!
This post originally appeared at Contrarian Outlook.