Insider Buying Is Bullish For These Dividends Up To 7.5%
March 22, 2024 at 05:00 AM EDT
If they’re buying, we’re buying. Or we’re at least considering it. If there’s anything better than a big dividend, it’s one that is being gobbled up by the company’s own insiders. We’re talking about the officers, directors, and other members of the C-suite that are closer to the action than any analyst, reporter or investor could ever hope to be. Most insiders are sitting on their hands right now. And who could blame them given the bubbly backdrop? But three management teams in particular are saying: Our stock is cheap. Our dividend—up to 7.5%, by the way—is safe. We’re in with our own cash. … Read more