There's something inspiring about finding a hidden gem, in this case a relatively unknown stock, that everyone else has overlooked. It's why gold detectors have existed for decades -- because there will always be someone willing to look for something nobody else has uncovered -- or why archaeologists can dig their entire lives with only the hope of making one major game-changing discovery. With that in mind, I wanted to try and dig up some overlooked dividend stocks that have potential to grow their dividend yield, as well as top and bottom lines.
Covanta Holding Corporation (NYSE:CVA) is likely a name few investors recognize, due to its operations being in arguably the least sexy industry: waste disposal. However, that's partly why this is an intriguing business -- because people will actually pay the company to take trash, which it processes into energy and then sells the energy back to the world. China and its growing middle class have been a core investment thesis for many companies; stories have run the gamut from boosting sales of smartphones, to major automakers looking to crack a huge market. China is also a major cornerstone for potential investors of Cameco Corp. (NYSE:CCJ).
Source: Motley Fool
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Well I haven't heard of one of these names. But the truth is, neither are really popular among our dividend investing community. Thanks for bringing these to light.