Author: Brett Owens, Contrarian Outlook

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.

Hedge fund veteran and Wall Street-approved suit Scott Bessent is likely the new Treasury secretary, which is why this 11% dividend is a big winner.

The future looks bright.

Both are growing their dividends, and both have been unfairly left behind in this year’s rally.