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During the recent market turmoil, the financial markets have been hit by one crisis after another. Most people are pessimistic about the economy. Central banks all around the world have been trying to stimulate the economy by applying inflationary monetary policies. One result of the Fed’s monetary policy is ultra low yielding long-term Treasuries. It doesn’t make sense to invest in 10-year Treasuries for the long-term. Investors will probably be better off by investing in high dividend stocks.

One of the best ways to pick good dividend stocks is to focus on the stocks corporate insiders are buying. These people have material non-public information about their companies. Some of them trade on such information. Ordinary investors can also benefit from such information simply by imitating insiders.

Below we compiled a list of high dividend stocks insiders are bullish about. All companies have a market cap of at least $5 billion, dividend yield over 4%, and were purchased by at least one insider over the past month.

Ticker

Company

Dividend Yield

Insiders

RAI

Reynolds American Inc.

5.53%

1

KMI

Kinder Morgan, Inc.

4.03%

1

NLY

Annaly Capital Management,

14.71%

1

EEP

Enbridge Energy Partners

6.88%

2

WIN

Windstream Corporation

8.69%

1

BPL

Buckeye Partners LP

6.51%

1

SCG

SCANA Corp.

4.56%

1

Reynolds American Inc.: Reynolds manufactures smokeless tobacco products and cigarettes. RAI was purchased by one insider over the past month. Richard Thornburgh bought 5,000 shares at $40.9384 on December 13. Now the stock is trading at $41 per share. It has a market cap of $23.6B, a P/E ratio of 17.77, and a dividend yield of 5.53%. Jim Simons’ Renaissance Technologies had $50 million-plus invested in RAI at the end of September.

Kinder Morgan, Inc.: Kinder Morgan is a natural gas company. KMI was bought by one insider during the past month. Richard Kinder purchased 19,723,865 shares at $25.35 per share on November 22. Now the stock is trading at $29.97 per share. It has a market cap of $21.1B, a P/E ratio of 41.96, and a dividend yield of 4.03%. Jean-Marie Eveillard’s First Eagle Investment Management had $157 million invested in KMI.

Annaly Capital Management, Inc.: Annaly Capital Management manages a portfolio of real estate related investments. NLY has a dividend yield of 14.71%. It was bought by one insider during the past month. Rose-Marie Lyght purchased 500 shares at $26.29 on November 14. Now the stock is trading at $16.61. It has a market cap of $15.8B and a P/E ratio of 8.5. Bill Miller’s Legg Mason Capital Management invested $117 million in NLY shares.

Enbridge Energy Partners LP: Enbridge Energy owns and operates crude oil and liquid petroleum transportation and storage assets, as well as natural gas gathering, treating, processing, transportation and marketing assets. EEP has a dividend yield of 6.88%. It was purchased by two insiders during the past month. On November 17, Janet Coy bought 500 shares at $30.116. A day earlier, John Laiacono also bought 1,000 shares at $30.10. Now the stock is trading at $31.08. It has a market cap of $8.8B and a P/E ratio of 29.77. Jim Simons’ Renaissance Technologies reported to own $2.7 million of EEP shares at the end of September.

Windstream Corporation: Windstream is a communications and technology solutions provider. WIN has a dividend yield of 8.69%. It was purchased by one insider during the past month. Dennis Foster continuously bought the stock in November. Foster purchased 19,800 shares in total in November at prices ranging from $11.7208 to $11.7699. Foster also bought 6,000 shares at $11.7368 in late August. Now the stock is trading at $11.77. It has a market cap of $5.9B and a P/E ratio of 22.57. Louis Bacon’s Moore Global Investments reported to own $17 million of the stock at the end of the third quarter.

Buckeye Partners LP: Buckeye owns and operates refined petroleum products pipeline systems. BPL has a dividend yield of 6.51%. It was purchased by one insider during the past month. On November 16, Joseph Lasala bought 2,000 shares in total at around $63.6 per share. Now the stock is trading at $62.54. It has a market cap of $5.9B and a P/E ratio of 78.75. Michael Messner’s Seminole Capital invested $14 million in BPL.

SCANA Corp.: SCANA generates, transmits and distributes electricity in South Carolina, and purchases, transmits and sells natural gas in North Carolina and South Carolina. SCG was purchased by one insider in the past month. James Roquemore bought 1,000 shares at $42.0061 on November 21. Now the stock is trading at $43.26 per share. It has a market cap of $5.5B, a P/E ratio of 14.31, and a dividend yield of 4.56%. Louis Bacon’s Moore Global Investments initiated a brand new $20 million of SCG during the third quarter.

Source: High Dividend Stocks Insiders Are Bullish About