Meet the High-Yield Dividend King Wall Street Is Sleeping on. Here's Why It's a Buy in August.

Though it's not foolproof investing wisdom, and it is stock-specific, there is something to the "boring is beautiful" thesis. It's one reason that so many income investors and risk-averse market participants embrace consumer staples stocks .

The other side of the boring coin is that mundane doesn't captivate hearts, minds, and investor capital when growth stocks are in vogue, and that's very much the case these days. Many market participants are chasing tech stocks and pondering what's next in the world of artificial intelligence (AI).