Most dividend stocks that the mainstream buys and holds are large-cap companies with operations across the country. The market has other options that go unnoticed and also have a history of paying stable, rising dividends over the years, with loyal shareholders who have held on to the shares of these smaller businesses.
If you are interested in diversifying beyond the most obvious picks, it is a good idea to look into these penny stocks that pay dividends.
This post originally appeared at 24/7 Wall St.