It can be hard to find a good dividend stock when the broader market's yield is a miserly 1.3%. But you can do it if you are willing to look hard enough. One good place to start is with stocks that are underperforming, such as Archer-Daniels Midland (NYSE: ADM) and UPS (NYSE: UPS). Both have historically high yields today.

Archer-Daniels Midland, usually just referred to by its ticker ADM, has a dividend yield of 3.4% today. That's more than twice the level of the S&P 500 index and, notably, well above the stock's 10-year average yield of about 2.7%. The reason for the elevated yield is, as the chart below shows, because of a significant decline in the stock price. This year alone, ADM is down more than 18%.

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Source Fool.com