In recent times, insider buying has caught the attention of investors. These insiders, including officers, directors, and members of the C-suite, are showing their confidence in their companies by purchasing shares. Three particular companies are standing out for their attractive dividends and insider buying patterns. Western Midstream Partners LP (WES) is one such company, with a distribution yield of 7.5% and significant insider purchases. The management team at WES is signaling that their stock is undervalued, their dividend is safe, and they are investing their own money into the company.
Capitol Federal Financial (CFFN) is another company that has been attracting attention for its insider buying activity. With a dividend yield of 6.1%, CFFN is a regional bank that has been facing challenges but is now starting to show promise. Insiders at CFFN have been making notable purchases, indicating their belief in the company’s future prospects. Despite facing scrutiny and challenges in the past, CFFN seems to be on the path to recovery.
Broadstone Net Lease (BNL) is a net-lease REIT that specializes in single-tenant commercial properties. With a dividend yield of 7.5%, BNL has been experiencing insider buying activity as well. The company’s C-suite executives have been increasing their ownership stakes, showing confidence in the company’s long-term prospects. BNL’s focus on industrial, restaurants, and retail properties is expected to benefit the company in the future.
Insider buying is often seen as a bullish signal for a company, as it indicates that those closest to the business believe in its potential for growth. While insider buying does not guarantee success, it can provide valuable insight into the confidence of management in their own company. Investors are keenly watching companies like WES, CFFN, and BNL for further developments and potential opportunities for growth.
It is important to note that investing based on insider buying activity should be done with caution and careful consideration of other factors. While insider buying can be a positive signal, it is not the sole indicator of a company’s prospects. Investors should conduct thorough research and consider a company’s fundamentals, financial performance, and market conditions before making investment decisions.
Overall, the recent insider buying activity at companies like WES, CFFN, and BNL has sparked interest among investors looking for opportunities in high dividend-yielding stocks. As these companies continue to show confidence in their own businesses through insider purchases, investors will be closely monitoring their performance and potential for future growth.
