Legendary investor Peter Lynch was fond of saying that corporate insiders may sell their company’s shares for a variety of reasons. But there’s only one reason they buy – and that’s because they think the price is going up. Anyone at the director-level or above in Corporate America is considered an “insider” – and it’s perfectly legal for them to buy their own company’s stock. That’s a good sign in general, and especially for the stocks that we’re interested in.
Let’s talk about a few more big payouts being bought by corporate insiders. Seven 7% Dividends With Serious Insider Buying: Five insiders at Ares Capital Corporation (ARCC) have accumulated more than 150,000 shares for personal accounts over the last 3 months. Prospect Capital Corporation (PSEC) is popular with its own management team as well. Earlier this month, ARMOUR Residential REIT, Inc. (ARR) made an acquisition offer for Javelin Mortgage Investment Corp (JMI). Javelin was trading for just 63% of book value prior to the offer, and Armour offered to pay 87% – which is a 40% premium to current share prices. High-level managers at American Capital Agency Corp. (AGNC), Chimera Investment Corporation (CIM) and Invesco Mortgage Capital Inc. (IVR) see similar value in their own share prices, which trade for 82%, 88%, and 69% of book respectively:
Source: InvestorPlace
Related Articles:
- 5 Dividend Stocks In Need Of A Market Correction
- 10 Dividend Stocks Building A Growing Cash Stream
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
- 10 Stocks That Have Paid Dividends Since The 1800s
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The Dividend Aristocrats — a prestigious group of companies in the S&P 500 that have increased their payouts for more than 25 consecutiv...
-
To be clear, no such thing as a risk-free investment. But pick the right monthly dividend stocks and you’ll probably have a higher chance of...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
One amazing dividend stock to buy now is a consumer finance company with double-digit yield and triple-digit-percentage returns. It sounds t...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
In this article we discuss the 5 best dividend stocks to buy for consistent growth and income. If you want to read our detailed analysis of ...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...
-
Looking for dividend-paying energy stocks? Pandemic-hit 2020 was a terrible time for energy stocks, with many cutting dividends and some eve...
-
These traditionally defensive investments offer investors a ready income stream through the dividend payments, no matter how the market move...
-
Gold is unlikely to produce spectacular returns, but it is highly effective at minimizing the downside in the event of a bubble popping, a g...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.