High-Yield Stocks You've Never Heard Of

First Commonwealth Financial(FCF Quote) is a bank holding company based in Pennsylvania that yields 6% and has a P/E of 15. It pays its dividends quarterly and has increased dividends every year for the last 15 years. That has earned the company a spot in the Consistent Dividend Growth portfolio on Stockpickr.

First Commonwealth was recently highlighted here on TheStreet.com as one of the "10 Banks With the Biggest Payouts." The company also approved a 1 million-share buyback. While that may not do much for the stock -- it only equals 1.5% of outstanding shares -- the board of directors symbolically said to the Street that it believes its stock is cheap.

Additional high-yield unknown stocks can be found at Stockpickr. Also, check out our portfolio of top dividend stocks you've never heard of, Part I. We have excluded closed-end funds, REITs, oil royalty trusts and limited partnerships from this list.