Author: Brett Owens, Contrarian Outlook

A textbook dividend magnet, it has 43 consecutive years of dividend increases and it’s trading down about 10% from its 52-week high.

Both names have pulled back, even though neither has anything to do with the Middle East.

One pays a hefty 8.2% and has risen a stout 32% in the last decade; the other pays 11.5% and is a ‘discount in disguise.’

Both names are sturdy businesses whose Dividend Magnets are piling upward pressure on their share prices.

This high-yield fund is trading for 11.4% below its “true” value.