Let’s talk about big dividend payers that are seeing strong buying from insiders.
Yes, we’re talking about the big boss slapping down their own money for shares nobody is forcing them to buy—shares they may already have plenty of.
There are many reasons an insider may sell for the cash. But there’s only one reason they buy: they believe the shares are going up.
When these fat cats happen to run big dividend payers, I like this strategy best because they are investing as we do, exchanging cash today for passive income streams tomorrow. And we’ve got a few gushers! I’m talking divvies from 5.1% all the way up to 11.3%…
This post originally appeared at Contrarian Outlook.