5 Insider Picks Paying Big Dividend Yields

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 |  Includes: ATLO, BCBP, CZNC, NL, RAS
by: Kapitall

If you follow the buying trends of company insiders, you may be interested in this list. We ran a screen on stocks paying dividend yields above 3% for those that have seen significant net insider buying over the last six months.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.




We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.



List sorted by dividend yield.

1. RAIT Financial Trust (NYSE:RAS): REIT. Market cap of $154.10M. Dividend yield at 5.99%, payout ratio at 18.31%. Net insider shares purchased over the last six months at 101.69K, which is 0.27% of the company's 37.38M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 3.05). The stock has had a couple of great days, gaining 15.9% over the last week.

2. BCB Bancorp Inc. (NASDAQ:BCBP): Regional Banks Industry. Market cap of $84.91M. Dividend yield at 5.23%, payout ratio at 25.64%. Net insider shares purchased over the last six months at 19.24K, which is 0.24% of the company's 7.87M share float. The stock is currently stuck in a downtrend, trading 5.25% below its SMA20, 12.1% below its SMA50, and 10.53% below its SMA200. The stock has performed poorly over the last month, losing 15.48%.

3. Citizens & Northern Corp. (NASDAQ:CZNC): Regional Banks Industry. Market cap of $198.04M. Dividend yield at 3.68%, payout ratio at 29.40%. Net insider shares purchased over the last six months at 6.08K, which is 0.05% of the company's 11.88M share float. The stock has had a couple of great days, gaining 11.57% over the last week.

4. NL Industries Inc. (NYSE:NL):
Synthetics Industry. Market cap of $684.65M. Dividend yield at 3.55%, payout ratio at 23.34%. Net insider shares purchased over the last six months at 52.89K, which is 0.80% of the company's 6.63M share float. The stock is a short squeeze candidate, with a short float at 5.43% (equivalent to 6.62 days of average volume). The stock has had a couple of great days, gaining 12.02% over the last week.

5. Ames National Corporation (NASDAQ:ATLO): Regional Banks Industry. Market cap of $162.23M. Dividend yield at 3.02%, payout ratio at 34.06%. Net insider shares purchased over the last six months at 3.76K, which is 0.04% of the company's 8.98M share float. The stock has had a couple of great days, gaining 6.55% over the last week.

Insider data sourced from Yahoo Finance, all other data sourced from Finviz.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.