In terms of higher dividend yield, the following securities are strongly beating the S&P 500 Index, which is the benchmark for U.S.-listed stocks. The S&P 500’s yield was 1.77% at the market close on Friday, Dec. 27.
Valero Energy
The first company under consideration is Valero Energy Corp. VLO.
Headquartered in San Antonio, Texas, the company is an independent oil refiner and ethanol producer with activities in North America, the UK, Ireland and several other geographic.
Based on a share price of $93.20 at close on Friday, the company grants a 3.86% yield for both the forward dividend and the trailing 12-month divided. Currently, Valero Energy pays a 90 cents quarterly cash dividend per common share with the latest being sent out on Dec. 11, 2019.
The current dividend yield of Valero Energy is quite high compared to its historical values, suggesting the stock is a profitable investment.
The share price has risen 24% so far this year to above the 150- and 80-day simple moving average lines. The share price is still below the 40-day SMA line.
The 52-week range is $69.44 to $101.99. The 14-day relative strength index of 42 indicates that shares of Valero Energy are still far from oversold levels.
The stock has a price-earnings ratio of 16.85 versus the industry median of 11.01 and a price-sales ratio of 0.36 versus the industry median of 0.91.
GuruFocus assigned a rating of 6 out of 10 for both the company's financial strength and its profitability.
Wall Street issued an overweight recommendation rating for this stock with an average price target of $108.56.
Brookfield Property
The second company under consideration is Brookfield Property REIT Inc (BPRAP.PFD).
Headquartered in New York, the company is one of the largest real estate investment trusts in the world.
Based on Friday’s closing share price of $25.19, Brookfield Property offers a 6.33% yield for both the trailing 12-month dividend and the forward dividend. The company currently distributes a 39.8 cents quarterly cash dividend per common share. The last payment took place on Oct. 1, 2019.
The current dividend yield of Brookfield Property is near the 10-year high.
The share price has increased 14% so far this year, but it is still below the 150-, 80- and 40-day simple moving average lines.
The 52-week range is $21.21 to $25.85. The 14-day relative strength index of 44 suggests the stock is far from oversold levels.
The stock has a price-earnings ratio of 5.59 versus the industry median of 17.85 and a price-sales ratio of 1.02 versus the industry median of 7.93.
GuruFocus assigned a low financial strength rating of 2 out of 10 but a positive profitability rating of 7 out of 10.
Wall Street issued a hold recommendation rating for shares of Brookfield Property REIT Inc.
Mowi
The third company under consideration is Mowi ASA MNHVF.
Headquartered in Norway, the company is a worldwide producer and supplier of salmon-based products.
Based on Friday’s closing share price of $25.58, Mowi grants a yield of 3.49% for the trailing 12-month dividend and of 4.53% for the forward dividend. Currently, Mowi pays a quarterly cash dividend of 2.6 Norwegian Kroners ($0.29) per common share. The last payment was sent out to its shareholders on Sept. 9, 2019.
The current dividend yield of Mowi ASA is quite high when compared to its historical values over the last 5 years suggesting the stock as a profitable investment.
The share price has increased by 15% so far this year to above the 150-, 80- and 40-day simple moving average lines.
The 52-week range is $20.54 to $25.90 per share. The 14-day relative strength index of 76 suggests the stock is approaching overbought levels.
The stock has a price-earnings ratio of 27.95 versus the industry median of 19.49 and a price-sales ratio of 3 versus the industry median of 0.89.
GuruFocus assigned a moderate rating of 5 out of 10 for the company's financial strength and a high rating of 8 out of 10 for its profitability.
Wall Street issued a hold recommendation rating for shares of Mowi ASA with an average target price of $22.06 per share.
Disclosure: I have no positions in any securities mentioned.
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