The Hidden Dividend Stock

Most days, I spend a fair amount of time scouring several online sites for articles and information related to dividend stocks. Besides being a simple homework exercise, it's also a great way to get fresh ideas, and to see what others are saying about our current or prospective holdings.

After wading through 39 of 40 slides, I found something of interest. The last slide identified Vale VALE +0.19% , the Brazilian miner, as a stock expected to "...boost its dividend by 32% this year." SocGen also states Vale's 2011 yield as 7.4%. I'd take a 32% increase on that. I soon saw why I had overlooked Vale. For the company’s US-traded ADRs, according to MarketWatch , the dividend yield is "N/A". However, during the course of the year, they also paid out a total of $1.3846 per share in "special dividends." This is not included in the dividends yield as reported by most services.

Source: Market Watch

Related Articles:
- If Only I Had Known About These Dividend Stocks...
- 13 Dividend Stocks and 3 ETFs To Balance Your Asset Allocation
- 17 Stocks With Room To Grow Their Dividend
- We Were Dividends, Before Dividends Were Cool
- 12 Dividend Stocks Delivering The Secret To Success