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Insiders have a better view on the company and their own trade behavior could show their intention to the future prospects of the company. When corporate insiders (officers, directors, and employees) buy and sell stocks of their own companies, they must report their trades to the U.S. Securities and Exchange Commission (SEC).

Below is a quick overview of the insider buys and sells filed on the last trading day with the SEC Form 4. In total, insiders reported sales within the recent trading day in an amount of $126.8 million. Buys in an amount of $9.232 million were announced by insiders. The sell to buy ratio amounts to 0.32. A full list of the 200 latest buys and sells can be found here: Insider trades field on September 17, 2012. In order to find the best dividend stocks with recent insider buy signals, I screened all stocks with a positive dividend yield and a market capitalization over $2 billion and selected those with the highest buy amount. These are the results:

1. Prospect Capital (NASDAQ:PSEC) has a market capitalization of $2.03 billion and operates within the Asset Management industry. These are the market ratios of the company: P/E Ratio: 6.86, Forward P/E Ratio: 9.93, P/S Ratio: 6.33, P/B Ratio: 1.13, Dividend Yield: 9.99%.

The company has 166.31 million shares outstanding, of which 0.04% were owned by insiders and 25.52% by financial institutions. Insiders changed their positions by 42.99% over the past six months, while institutional investors modified their positions by 7.61%. PSEC was bought by Chief Operating Officer Eliasek M. Grier. He bought shares in an amount of $904,393.

2. NuStar Energy (NYSE:NS) has a market capitalization of $3.88 billion and operates within the Oil & Gas Pipelines industry. These are the market ratios of the company: P/E Ratio: not calculable, Forward P/E Ratio: 17.99, P/S Ratio: 0.52, P/B Ratio: 1.48, Dividend Yield: 8.69%.

The company has 76.96 million shares outstanding, of which 2.95% were owned by insiders and 26.90% by financial institutions. Insiders changed their positions by 28.24% over the past six months, while institutional investors modified their positions by -1.76%. NS was bought by two Directors (Bates Jesse and William Greehey). Both bought shares in an amount of $24.1 million.

3. Southwest Gas (NYSE:SWX) has a market capitalization of $2.02 billion and operates within the Gas Utilities industry. These are the market ratios of the company: P/E Ratio: 17.76, Forward P/E Ratio: 15.34, P/S Ratio: 1.04, P/B Ratio: 1.58, Dividend Yield: 2.69%.

The company has 46.13 million shares outstanding, of which 1.09% were owned by insiders and 76.65% by financial institutions. Insiders changed their positions by -1.95% over the past six months, while institutional investors modified their positions by 0.14%. SWX was bought by Director Jose Cardenas. He bought shares in an amount of $15,464.

4. Douglas Emmett (NYSE:DEI) has a market capitalization of $3.40 billion and operates within the REIT - Diversified industry. These are the market ratios of the company: P/E Ratio: 187.08, Forward P/E Ratio: 86.86, P/S Ratio: 5.89, P/B Ratio: 1.71, Dividend Yield: 2.47%.

The company has 139.74 million shares outstanding, of which 0.05% were owned by insiders and 2.00% by financial institutions. Insiders changed their positions by -92.87% over the past six months, while institutional investors modified their positions by -80.73%. DEI was bought by Director Simon Williams. He bought shares in an amount of $74,245.

5. Taubman Centers (NYSE:TCO) has a market capitalization of $4.96 billion and operates within the Retail REIT industry. These are the market ratios of the company: P/E Ratio: 62.16, Forward P/E Ratio: 42.76, P/S Ratio: 7.13, P/B Ratio: not calculable, Dividend Yield: 2.29%.

The company has 61.32 million shares outstanding, of which 0.59% were owned by insiders and 98.34% by financial institutions. Insiders changed their positions by -6.08% over the past six months, while institutional investors modified their positions by -2.82%. TCO was bought by Director Robert Taubman. He bought shares in an amount of $25,570.

6. Mead Johnson Nutrition (NYSE:MJN) has a market capitalization of $15.08 billion and operates within the Processed & Packaged Goods industry. These are the market ratios of the company: P/E Ratio: 27.01, Forward P/E Ratio: 21.03, P/S Ratio: 3.92, P/B Ratio: not calculable, Dividend Yield: 1.62%.

The company has 203.76 million shares outstanding, of which 0.19% were owned by insiders and 97.53% by financial institutions. Insiders changed their positions by 50.56% over the past six months, while institutional investors modified their positions by 0.83%. MJN was bought by Director Elliot Sigal. He bought shares in an amount of $2,675.

7. ProAssurance (NYSE:PRA) has a market capitalization of $2.74 billion and operates within the Property & Casualty Insurance industry. These are the market ratios of the company: P/E Ratio: 9.25, Forward P/E Ratio: 12.24, P/S Ratio: 3.85, P/B Ratio: 1.20, Dividend Yield: 1.12%.

The company has 30.66 million shares outstanding, of which 1.13% were owned by insiders and 78.18% by financial institutions. Insiders changed their positions by 9.48% over the past six months, while institutional investors modified their positions by -3.35%. PRA was bought by Director Magnus James Gorrie. He bought shares in an amount of $44,620.

8. Citigroup (NYSE:C) has a market capitalization of $99.88 billion and operates within the Money Center Banks industry. These are the market ratios of the company: P/E Ratio: 9.87, Forward P/E Ratio: 7.57, P/S Ratio: 1.42, P/B Ratio: 0.54, Dividend Yield: 0.12%.

The company has 2.93 billion shares outstanding, of which 0.02% were owned by insiders and 62.59% by financial institutions. Insiders changed their positions by 20.56% over the past six months, while institutional investors modified their positions by -0.48%. Citigroup bought own shares. The company bought shares in an amount of $71.1 million.

Source: 8 Dividend Stocks That Insiders Bought As Of September 17