Insiders Love These 6 High Dividend Yield Stocks

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 |  Includes: BOX-OLD, DDIC, ISHC, QCCO, UVE, VALU
by: Kapitall

Do you prefer stocks that pay reliable dividend income? For ideas on how to start your search, we ran a screen.

We screened for stocks paying high dividend yields above 4% and sustainable payout ratios below 50%. We then screened these names for those with the most significant net insider purchases over the last six months, indicating they expect their employers to outperform.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the six 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.

Do you think these stocks pay reliable dividends? Use this list as a starting point for your own analysis.

1. Value Line, Inc. (NASDAQ:VALU): Engages in the production of investment related periodical publications and provision of investment management services primarily in the United States. Dividend yield at 5.15%, payout ratio at 20.76%. Over the last six months, insiders were net buyers of 1,200 shares, which represents about 0.1% of the company's 1.26M share float.

2. QC Holdings, Inc. (NASDAQ:QCCO): Provides various retail consumer financial products and services in the United States. Dividend yield at 5.33%, payout ratio at 31.43%. Over the last six months, insiders were net buyers of 150,150 shares, which represents about 3.88% of the company's 3.87M share float.

3. International Shipholding Corp. (ISH): Operates a fleet of the United States and international flag vessels. Dividend yield at 6.79%, payout ratio at 34.26%. Over the last six months, insiders were net buyers of 2,000 shares, which represents about 0.05% of the company's 3.84M share float.

4. DDI Corp. (NASDAQ:DDIC): Provides printed circuit board engineering and manufacturing services primarily in North America. Dividend yield at 4.23%, payout ratio at 37.25%. Over the last six months, insiders were net buyers of 122,531 shares, which represents about 0.89% of the company's 13.81M share float.

5. Universal Insurance Holdings Inc. (NYSE:UVE): Operates as an insurance company in the United States. Dividend yield at 4.89%, payout ratio at 38.73%. Over the last six months, insiders were net buyers of 25,000 shares, which represents about 0.11% of the company's 23.57M share float.

6. SeaCube Container Leasing Ltd. (NYSE:BOX-OLD): Operates as a container leasing company worldwide. Dividend yield at 5.76%, payout ratio at 47.74%. Over the last six months, insiders were net buyers of 25,747 shares, which represents about 0.24% of the company's 10.93M share float.

*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.