High yielding stocks offer potential for double-barreled returns – big dividend payments and price appreciation. However, many stocks with large dividend yields are “accidental high yielders.” These are stocks where some fundamental problem — an earnings shortfall, for instance — has put pressure on the stock price. But the dividend remains unchanged. Of course, the question then is: Will management cut the dividend? You don’t want to buy a stock for its fat dividend and then see the payout get slashed. That’s why it pays to watch for high dividend stocks with insider buying.
C-level executives and directors of a company know their own businesses better than anyone. If a company is planning on cutting its dividend, would a corporate insider be buying that stock? Probably not. Insiders typically don’t buy their own shares if a negative corporate development is imminent. They do buy their own stock if they think it’s a bargain.
Below is a list of high dividend stocks with insider buying: Greater than 5% expected annual dividend yields where corporate insiders have purchased shares over the last month. The expected yield is based on the announced amount of the next dividend. Of course, dividend cuts are always a possibility. Do your homework!
High dividend stocks with insider buying. Stocks with dividend yields greater than 5% and $100K+ insider purchases over the last month.
| Recent Insider Buy | Company | Symbol | Industry | # Insiders | Total Shares | Avg. Price | Expected Annual Div Yield |
| 13-Feb-2020 | Oxford Lane Capital | OXLC | Corporate Finance | 3 | 406,000 | 24.77 | 17.90% |
| 11-Feb-2020 | NGL Energy Partners LP | NGL | Independent Oil & Gas | 2 | 110,000 | 9.67 | 16.50% |
| 20-Feb-2020 | CM Finance Inc. | ICMB | Asset Management | 1 | 35,220 | 7.23 | 13.20% |
| 19-Feb-2020 | Macerich Co. | MAC | REIT – Retail | 3 | 48,417 | 23.32 | 12.60% |
| 19-Feb-2020 | A. H. Belo Corporation | AHC | Publishing – Newspapers | 1 | 127,844 | 4.98 | 11.70% |
| 03-Apr-2019 | Falcon Minerals Corp | FLMN | Petroleum – Natural Gas | 1 | 31,889 | 9.03 | 11.70% |
| 11-Feb-2020 | Kayne Anderson MLP | KYN | Diversified Investments | 1 | 800,000 | 25 | 11.00% |
| 20-Feb-2020 | Martin Midstream LP | MMLP | Independent Oil & Gas | 5 | 125,880 | 2.63 | 9.80% |
| 20-Feb-2020 | Dorchester Minerals LP | DMLP | Diversified Investments | 1 | 13,000 | 16.01 | 8.90% |
| 20-Feb-2020 | Western Asset Global | EHI | Diversified Investments | 1 | 387,065 | 10.39 | 7.70% |
| 21-Feb-2020 | Meredith Corp. | MDP | Publishing – Periodicals | 2 | 10,780 | 31.05 | 7.60% |
| 20-Feb-2020 | Western Asset H Income | HIO | Diversified Investments | 1 | 1,733,567 | 5.26 | 7.40% |
| 21-Feb-2020 | Enterprise Products | EPD | Independent Oil & Gas | 2 | 870,031 | 25.9 | 7.00% |
| 18-Feb-2020 | Pioneer Floating Rate Tr | PHD | Diversified Investments | 1 | 57,213 | 11.08 | 6.70% |
| 07-Feb-2020 | Sprott Focus Trust | FUND | Other | 1 | 83,346 | 7.37 | 6.30% |
| 10-Feb-2020 | Exxon Mobil Corp. | XOM | Major Oil & Gas | 1 | 2,858 | 59.86 | 5.90% |
| 18-Feb-2020 | Star Gas Partners LP | SGU | Specialty Retail | 5 | 27,649 | 9.03 | 5.50% |
| 22-Jan-2020 | Phillips 66 Partners Lp | PSXP | Oil & Gas Refining | 2 | 3,280 | 62.15 | 5.50% |
| 04-Feb-2020 | AT&T Inc. | T | Telecom Services | 1 | 100,000 | 37.6 | 5.40% |
| 03-Feb-2020 | Penns Woods Bancorp | PWOD | Regional Banks | 1 | 9,400 | 32.75 | 5.04% |
Contact Mark about investing based on SEC filings and smart money disclosures.
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