Dividends are at least 300 basis over Treasuries, but investors have ended up losing most of that to falling share price this year so you should treat those as growth stocks and assume the dividend as a bonus.
"Personal income in November and December was boosted by accelerated and special dividend payments to persons and by accelerated bonus payments and other irregular pay in private wages and salaries in anticipation of changes in individual income tax rates, " the Commerce Department's Bureau of Economic Analysis said.
So buy them for value or buy them for income (as both Supervalu and Huntsman offer attractive dividend yields) and look at their strong potential for a buyout by private equity as a bonus.
It would be so much better if it was a board that had hardly any shareholders so that when somebody suggested that they could save the shareholders some money by accelerating the dividend, they would have been more focused on important things like figuring how that would affect bonus computations.