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Is there anything more alluring than the thought of a ten-bagger micro-cap stock? Tiny stocks with big potential. With help from DividendChannel.com we have taken this ideal one step further. Here you will find details on micro-cap companies most people have never heard of, but still have a strong history of paying dividends.

Solid dividends and high yields are great indicators of a company that is in decent financial shape, and thus make a great starting point when vetting micro-caps. DividendChannel.com used its proprietary DividendRank formula to isolate companies from 17 different sectors that have small market caps but also big dividends. In order to make the list, these stocks also passed additional screenings for dividend history and yield, book value and quarterly earnings.

The resulting list provides investment opportunities that have the potential to provide solid returns with the least amount of risk that can be found among their peers. Do keep in mind however, that there are additional risks involved with small stocks. Micro-caps are thinly traded so you may have to deal with large bid/ask spreads when buying or selling. Micro-caps are also more volatile than large-caps.

Here are a look at 5 that made DividendChannel’s list.

Standard Register (SR ) is a provider of business documents. It partners with its customers to manage and source their document and print-related spending. SR also helps companies migrate from paper-based to digital processes. Standard Register has a market cap of $58.2 million, EPS of 0.35 and a 8.4% yield.

New York Mortgage Trust (NYMT ) is a REIT that engages in acquiring, investing, financing and managing mortgage-related assets including agency residential adjustable-rate, hybrid adjustable rate and fixed-rate mortgage-backed securities; prime adjustable-rate residential mortgage loans held in securitization trusts; commercial mortgage-backed securities, commercial mortgage loans and other commercial real estate-related debt investments. NYMT has a market cap of $79.9 million, EPS of 0.82 and a 14% yield.

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Cherokee (CHKE ) is a licensor of brand names and trademarks for apparel, footwear, home goods and accessories. Its trademarks include Cherokee, Sideout, Sideout Sport, Carole Lttle, Saint Tropez-West, Chorus Line and All That Jazz. Cherokee has a market cap of $101.1 million, EPS of 0.70 and a 6.6% yield.

Oxford Resource Partners (OXF ) produces steam coal and surface mined coal in Ohio. Its reserves and operations are located in Northern Appalachia and the Illinois Basin to serve its primary market area of Illinois, Indiana, Kentucky, Ohio, Pennsylvania and West Virginia. OXF has a market cap of $151.5 million, EPS of -0.43 and a 12% yield.

Warwick Valley Telephone (WWVY ) provides communications services primarily to customers in Warwick, Goshen and Walkill, New York and Vernon and West Milford, New Jersey. Telecommunications services include local network, long distance and directory. It also provides broadband and dial-up Internet access, VoIP, and through a partnership with DirecTV, provides digital television service. WWVY has a market cap of $74.9. million, EPS of -0.25 and a 8% yield.