Author: Brett Owens, Contrarian Outlook

This is a simple, safe strategy that identifies dividend stocks with payouts set to surge higher. As these divvies pop, so do their associated sales prices.

One is a timely buy now, while the two others are solid additions to your “watch list” and ripe for picking up on the next dip.

We’re following a simple strategy: buy bonds when rates rise until further notice.

The company’s “Dividend Magnet” — or the tendency for a stock to track its dividend higher over time — is telling us that shares are undervalued (setting us up for a future “snap back” upside.

Today we’ll discuss a 5.4% dividend that actually annualized to 7%… a 5.7% payer that really dishes 12.4%… and even a headline 15% yield that is understated because the company handed out 16.1% last year.