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5 Hidden Dividend Gems to Buy Now

Some lesser-known and smaller businesses can be great sources of juicy yield

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Student Transportation (STB)

student-transportation-stock-stbDividend Yield: 8.4%
Market Cap: $518 million
YTD Performance: +3%

A small Canadian company trading on the Nasdaq, Student Transportation (STB) provides school bus transportation for public and private schools, moving more than a million students every day in both the U.S and Canada.

But the company also holds investments as a non-operator in oil and gas interests, and that’s always good for a stream of cash.

STB shares are up just 2.8% so far this year, lagging the S&P 500 by a wide margin, but this is much more of an income play, anyway. After all, the dividend yields more than 8%!

STB has been inking a bunch of new contracts lately — some of which stretch out to 15 years — and forecasts the best start to a fiscal year in the company’s history.

Read More: 5 “Smart Money” Dividend Stocks to Buy

As of this writing, Dan Burrows did not hold a position in any of the aforementioned securities.

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Article printed from InvestorPlace Media,

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