This stock yields 11.45% and has paid $1.30 every quarter since September 2006. Management is transforming the company by moving into stronger growth businesses. It's been around since 1895, it has a beta of just .15, and you've probably never heard of it. Looking for a safe place to hide from market volatility - with a steady, high dividend yield to boot? The VIX may look tame right now, but it'll be back. Many of the stocks in our articles got hit in the Fall of 2015, but have come roaring back in 2016. Maybe there's something out there that's still reasonably priced.
One of the nation's 15 largest integrated communications companies, North State Telecommunications Corporation (OTCPK:NORSB), was founded in 1895. Together with its subsidiaries, it operates in the telecommunications and data center services industries in North Carolina. The company offers local telephone, long distance, broadband, and video services. Through its wholly owned subsidiary, DataChambers, North State provides data center colocation, cloud, managed data, and disaster recovery services to enterprise customers.
Source: Seeking Alpha
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