3 High-Yield Stocks for the Dividend Investor

In This Article:

Dividend investors may be interested in the following stocks, as they are currently outperforming the S&P 500 index in terms of higher dividend yields. The benchmark for the U.S. market grants a dividend yield of 1.92% as of June 19.

Furthermore, these stocks hold positive recommendation ratings on Wall Street, indicating that they are expected to deliver improved margin returns.

Based on Friday's closing price of $94.52 per share, Entergy offers a trailing 12-month dividend yield of 3.91% and a forward dividend yield of 3.94%. The company is currently paying a quarterly dividend of 93 cents per common share. Entergy has been distributing dividends for more than 25 years.

Entergy's current dividend yield is quite high when compared to its historical values, suggesting that this stock is a profitable investment.

GuruFocus assigned the company a low financial strength rating of 3 out of 10 but a positive profitability rating of 6 out of 10.

The stock holds an overweight recommendation rating on Wall Street with an average target price of $114.06 per share.

The share price has fallen by 9.3% over the past year for a market capitalization of $18.92 billion and a 52-week range of $75.20 to $135.55.

The 14-day relative strength index of about 40 indicates that the stock is still far from oversold levels.

National Fuel Gas Co

The second company to consider is National Fuel Gas Co (NYSE:NFG), a Williamsville, New York-based oil and natural gas integrated operator.

Based on Friday's closing price of $40.68 per share, National Fuel Gas grants a trailing 12-month dividend yield of 4.28% and a forward dividend yield of 4.38%. On July 15, the energy company will pay a quarterly dividend of 44.5 cents per common share. National Fuel Gas Co has been paying dividends for more than 30 years.

National Fuel Gas' current dividend yield is quite high compared to its historical values.

GuruFocus assigned the company a moderate financial strength rating of 4 out of 10 and a positive profitability rating of 6 out of 10.

The stock holds an overweight recommendation rating on Wall Street. The average target price is $48 per share.

The share price has fallen by 25.5% in the past year, determining a market capitalization of $3.7 billion and a 52-week range of $31.58 to $61.22.

The 14-day relative strength index of 45 indicates that the stock is still far from oversold levels.