For reasons that seem pretty obvious, dividend investors tend to chase the most familiar names, and they do so for a lot of the right reasons. The problem is that just choosing these stocks leaves out a whole heap of other opportunities that are flying under the radar.
There are a host of dividend stocks that people don’t spend enough time talking about, and they don’t get the same kind of hype as the bigger names. The thing is, these firms operate in steady industries and continue to raise their payouts, all while delivering market-beating performance.
Here are three companies that fit this shift in thinking, and each one continues to post strong results, raise dividends, and outperform despite more limited name recognition among casual investors.
This post originally appeared at 24/7 Wall St.