Dividends4Life: These “Secret” High-Dividend Stocks Yield Up to 10.1%

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These hidden high-dividend stocks yield up to 10.1%. You won’t find these payouts listed on Yahoo! Finance. In fact, you usually can’t find them published anywhere. The problem comes from a glitch in how the media reports numbers. But if you’re willing to do some digging, these stocks often deliver the biggest yields around. Some of these high-dividend stocks sport payouts of five, seven, even nine percent. Some firms, though, pay dividends on a scattershot basis. Sure, you might see a “posted yield” under two percent. The stock’s “real yield”, however, could be much larger. Case in point...

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) serves up delicious home-style cooking based on a southern theme. Today, Cracker Barrel pays a quarterly dividend of $1.15 per share. Based on this payout, Yahoo! Finance indicates a dividend yield of 2.8%. A nice source of extra income for sure, but hardly enough to knock your socks off. Executives pay shareholders an annual bonus. The annual bonus, however, isn’t counted on Yahoo! Finance. Last July, the company issued a special $4.40 per share distribution. That puts the real yield on CBRL over 5.6%—twice as big as the number posted on most websites. RLI Corp. (NYSE:RLI) tops my list of hidden high yields, though I doubt you’ve ever heard of it. At first glance, shares only yield 1.3%. Management, though, regularly rewards shareholders with big annual bonuses. Last year, RLI paid out a special distribution of $2.20 per share. If you include this payment, the stock’s real yield jumps to 4.6%. Finally, take a look at Buckle Inc (NYSE:BKE). This teen retailer yields two percent, according to Yahoo! Finance. But, the company paid a onetime dividend in January. That gives The Buckle a real yield of over 10.1%.

Source: Income Investor

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