In today's edition, Austin looks at a massive dividend that may escape the eyes of the average investor, it can be found in The Buckle (NYSE:BKE), a disciplined and measured casual-apparel retailer. Austin has cautioned against the consumer discretionary space for some time now, so this recommendation may come as a surprise. But The Buckle is a model of responsible retailing in an industry full of overexpansion and reckless operations. Not only that, but the company's large free cash flow has also allowed it to pay out a special dividend with regularity -- five times over the past six years, in fact. Each time, that dividend has exceeded 5%, and in weaker retail environments than this.
As great as this dividend is, though, it remains a special dividend and cannot be counted on with the same regularity as other dividends. If you prefer the stability of other more traditional dividends, read our top report "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.
Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of The Buckle, lululemon athletica, and Under Armour. Motley Fool newsletter services recommend lululemon athletica and Under Armour. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.