The other morning, I drove myself half-crazy looking for my car keys. It must have taken me almost a half hour to find them. And when I did, they were sitting — in plain sight — on my hall table.

The reason I had trouble finding my keys, of course, was that they weren’t where I usually put them. I’m so used to looking in the same places that I walked right by my hall table without a glance.

#-ad_banner-#The same thing happens to securities that pay irregular — or special — dividends.

I call them “Wall Street Irregulars.”

These dividend payers offer above-average yields, yet most investors skip right over them.

That’s because popular investment resources like Yahoo! Finance rarely reflect the total yield these companies offer.

Most brokerage and investment websites only take a stock’s most recent dividend payment and multiply it times the payment frequency to get a stock’s annual dividend. The websites then use the computed annual dividend to calculate the yield.

So while the “posted yield” — the yield investors see listed — may show something south of 2%, a stock’s “trailing yield” — the yield based on the company’s actual dividend payments over the last 12 months — may be much higher.

There are various types of Wall Street Irregulars.

There are quarterly irregulars, which pay a modest dividend in three out of four quarters. One quarterly payment, however, is quite significant. There are also semi-annual irregulars, which pay one large and one small dividend each year.

Take a company like The Buckle, Inc. (NYSE: BKE) for example. It’s a quarterly dividend payer with a posted yield of just 2% on websites like Yahoo! Finance.

However, in the screenshot below you can see that earlier this year BKE actually paid a massive quarterly payment 13-times bigger than its regular quarterly dividend.
 

That gives BKE a trailing yield of 8% — four times higher than what many potential investors see when researching the stock.

BKE is just one example. But BKE isn’t without its risks. This apparel company specifically caters to teenagers, a notoriously fickle fashion group.

I prefer RLI Corp. (NYSE: RLI), a Wall Street Irregular with a more dependable revenue stream.

RLI is a specialty insurance company with 156 consecutive quarterly dividend payments and 38 straight years of hiking dividends.

The firm has delivered profits for the past 19 consecutive years and has been profitable in 33 of the past 35 years. And at $135 million in 2014, RLI is sitting on its highest annual profit in seven years.

On the surface, RLI appears to pay a measly 1.4% dividend yield. But when you dig a little deeper, then you’ll find the company recently paid a quarterly dividend nearly 17-times bigger than its typical quarterly payout.

In reality, RLI pays a whopping 7.1% trailing yield — five times bigger than what most financial websites report.

I purchased shares of the company back in May 2013 for my premium newsletter, The Daily Paycheck. Since then, it’s returned nearly 60%.

Wall Street Irregulars like the ones I’ve just mentioned can be a valuable contributor to any income investor’s portfolio. It takes a little digging to find them, but the results are often worth it.

That’s where my newsletter, The Daily Paycheck, comes in. I started this retirement plan more than five years ago as a low-risk investment strategy for investors looking to increase the size and frequency of their portfolio’s payouts.

Since I began, the results have been nothing short of spectacular. So far I’ve turned an initial $200,000 investment into more than $310,000 today, and my entire portfolio currently yields an average of 6.7% — much more than the S&P 500’s paltry yield of about 2%.

To date, I’ve personally collected 1,960 dividend “paychecks” for more than $82,000 — and those numbers climb by the day. During the past year alone I’ve earned roughly $19,000 in dividends, amounting to nearly $1,600 a month.

That just shows you the power of my Daily Paycheck strategy. And it’s something I want you to experience, too.

That’s why I’m currently offering a risk-free way for you to try my system. It’ll give you complete access to my entire Daily Paycheck portfolio (including another Wall Street Irregular that boasts a trailing yield four-times bigger than what you’ll see posted on many financial websites).

To learn all about this special offer — and how to gain access to all 60 of my Daily Paycheck holdings — I invite you to access my latest presentation here.

Soon you could be earning bigger, more frequent dividend “paychecks” too.