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Three High-Yield Stocks for the Dividend Investor

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. (NYSE: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.

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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This article first appeared on GuruFocus.