Dividend investors may want to consider the following securities that, as of Friday, offer a forward dividend yield more than three times higher than the S&P 500 index dividend yield of 1.90%.
Shares of LSC Communications Inc. LKSD were trading around $7 on Friday. Following a 60% decrease for the 52 weeks through March 15, the forward dividend yield is 14.86% compared to the industry median of 2.5%.
The stock has a market capitalization of approximately $233.21 million, a price-book ratio of 1.31 versus an industry median of 2.31 and a price-sales ratio of 0.06 versus an industry median of 1.24. The 14-day Relative Strength Indicator is 29.45 compared to a range of 20 to 80 suggesting the stock is near to oversold levels.
The share price is below the 200, 100 and 50-day simple moving average lines. The 52-week range is $6.6 to $18.64.
LSC Communications is a Chicago-based provider in the U.S. and internationally of traditional and digital print services and office products.
GuruFocus assigned a financial strength rating of 5 out of 10 and a profitability and growth rating of 5 out of 10.
Wall Street issued a hold recommendation rating with an average target price of $9 per share of LSC Communications.
Shares of New Media Investment Group Inc. NEWM were trading around $12 on Friday. For the 52 weeks through March 15, the share price declined 31% and the forward dividend yield climbed to 12.67% versus the industry median of 3.09%.
The stock has a market capitalization of roughly $726.13, a price-earnings ratio of 38.71 versus an industry median of 18.28, a price-sales ratio of 0.46 versus an industry median of 1.07 and a price-book ratio of 1.01 compared to an industry median of 1.40. The 14-day Relative Strength Indicator is 29.12 versus a range of 20 to 80, suggesting the stock is a whisper away from oversold levels.
The share price is below the 200, 100 and 50-day simple moving average lines. The 52-week range is $10.88 to $19.10.
Based in New York, New Media Investment Group is a local media assets operator in the U.S. These local media assets are daily and weekly newspapers, shoppers, locally focused websites, two yellow page directories, business publications and digital marketing services.
GuruFocus assigned a financial strength rating of 6 out of 10 and a profitability and growth rating of 7 out of 10.
Quad/Graphics Inc. Class A QUAD was trading around $12.1 per share on Friday. For the 52 weeks through March 15, the stock declined 55%, pushing the forward dividend yield up to 9.92% compared to the industry median of 2.5%.
The stock has a market capitalization of about $628.4 million, a price-earnings ratio of 80.67 versus an industry median of 22.72, a price-book ratio of 1.39 versus an industry median of 2.31, a price-sales ratio of 0.15 versus an industry median of 1.24. The 14-day Relative Strength Indicator is 31.02 compared to a range of 20 to 80 indicating that the stock has nearly reached oversold levels.
The share price is below the 200, 100 and 50-day simple moving average lines. The 52-week range is $11.56 to $27.35.
Based in Sussex, Wisconsin, Quad/Graphics is a worldwide provider of marketing solutions.
GuruFocus assigned a financial strength rating of 5 out of 10 and a profitability and growth rating of 5 out of 10.
Wall Street issued a buy recommendation rating with an average target price of $32 per share of Quad/Graphics Inc.
Disclosure: I have no positions in any securities mentioned.
