Seeking Alpha
Profile| Send Message|
( followers)  

One of the smart ways of picking good dividend stocks is following insiders in these stocks. Below we compiled a list of dividend stocks insiders are buying. All companies have at least $2 billion market cap, dividend yields higher than 5%, and were purchased by at least 3 insiders over the past three months. The market data is sourced from Finviz and insider trading data is obtained from Insider Monkey.

Ticker

Company

Dividend Yield

YTD Return

No. of Insiders

MFA

MFA Financial, Inc.

14.25%

-8.7%

11

CIM

Chimera Investment

18.77%

-24.3%

7

CINF

Cincinnati Financial Corp.

6.11%

-13.5%

6

FNFG

First Niagara Financial Group

6.99%

-32.1%

6

ARCC

Ares Capital Corporation

10.17%

-10.7%

5

CTL

CenturyLink, Inc.

8.76%

-24.3%

4

FTR

Frontier Communications

12.27%

-32.5%

4

ORI

Old Republic International

7.85%

-31.4%

4

DNP

DNP Select Income Fund

7.80%

16.1%

3

LINE

Linn Energy, LLC

7.74%

0.11%

3

WIN

Windstream Corporation

8.58%

-11.3%

3

MFA Financial, Inc. (NYSE:MFA): MFA Financial is engaged in the business of investing in residential Agency and Non-Agency mortgage-backed securities. MFA has a dividend yield of 14.25%, and lost 8.71% since the beginning of this year. It was purchased by 11 insiders over the past three months. It has a market cap of $2.5B and a P/E ratio of 7.31.

Chimera Investment Corporation (NYSE:CIM): Chimera Investment Corporation invests in residential mortgage-backed securities, residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. CIM has a dividend yield of 18.77% and lost 24.32% since the beginning of this year. It was purchased by seven insiders over the past three months. It has a market cap of $2.8B and a P/E ratio of 4.78.

Cincinnati Financial Corp. (NASDAQ:CINF): Cincinnati Financial Corporation is engaged in property casualty insurance. CINF has a dividend yield of 6.11% and lost 13.45% since the beginning of this year. It was purchased by six insiders over the past three months. It has a market cap of $4.3B and a P/E ratio of 14.55.

First Niagara Financial Group Inc. (NASDAQ:FNFG): First Niagara Financial Group, Inc. provides a range of retail and commercial banking, as well as other financial services. FNFG has a dividend yield of 6.99% and lost 32.12% since the beginning of this year. It was purchased by six insiders over the past three months. It has a market cap of $2.7B and a P/E ratio of 12.89. Jim Simons had $16 million of FNFG shares.

Ares Capital Corporation (NASDAQ:ARCC): Ares Capital is a closed-end, non-diversified management investment company. ARCC has a dividend yield of 10.17% and lost 10.70% since the beginning of this year. It was purchased by five insiders over the past three months. It has a market cap of $2.8B and a P/E ratio of 6.15.

CenturyLink, Inc. (NYSE:CTL): CenturyLink is an integrated communications company. CTL has a dividend yield of 8.76% and lost 24.28% since the beginning of this year. It was purchased by four insiders over the past three months. It has a market cap of $20.4B and a P/E ratio of 14.03.

Frontier Communications Corporation (NASDAQ:FTR): Frontier is a communications company providing services predominantly to rural areas and small and medium-sized towns and cities. FTR has a dividend yield of 12.27% and lost 32.49% since the beginning of this year. It was purchased by four insiders over the past three months. It has a market cap of $6.1B and a P/E ratio of 38.19.

Old Republic International Corp. (NYSE:ORI): Old Republic is engaged in the single business of insurance underwriting. ORI has a dividend yield of 7.85% and lost 31.44% since the beginning of this year. It was purchased by four insiders over the past three months. It has a market cap of $2.3B.

DNP Select Income Fund Inc. (NYSE:DNP): DNP Select Income Fund is a closed-end diversified management investment company. DNP has a dividend yield of 7.80% and returned 16.14% since the beginning of this year. It was purchased by three insiders over the past three months. It has a market cap of $2.4B and a P/E ratio of 4.5.

Linn Energy, LLC (NASDAQ:LINE): Linn Energy is an independent oil and natural gas company. LINE has a dividend yield of 7.74% and gained 0.11% since the beginning of this year. It was purchased by three insiders over the past three months. It has a market cap of $6.3B.

Windstream Corporation (NASDAQ:WIN): Windstream Corporation is a communications and technology solutions provider. WIN has a dividend yield of 8.58% and lost 11.34% since the beginning of this year. It was purchased by three insiders over the past three months. It has a market cap of $5.9B and a P/E ratio of 21.18. Jim Simons had $32 million invested in WIN.

Source: 11 Monster Dividend Stocks Insiders Are Buying