Delving into the latest Dividend Channel report unveils a unique lens on companies seeing insider transactions in the past half-year. Corporate officers hold a distinct vantage point on business operations. When insiders opt to invest their earnings in the stock market, it’s a signal of anticipated gains. This move could stem from undervaluation, promising company advancements, or both. Investors should perk up when top-ranked companies witness insider purchases. One such example is AT&T Inc (Symbol: T), where Director Stephen J. Luczo engaged in buying shares.
Luczo infused $971,875.00 into 62,500 T shares on November 13 at the rate of $15.55 per share. During Wednesday’s trade, shares exchanged hands at $17.49 each—a 12.5% leap from Luczo’s acquisition price. Post-purchase, Luczo has accrued $0.28/share in dividends, yielding a 14.3% return. AT&T Inc’s stock is presently up by +0.06% for the day. Below depicts a performance contrast between T shares over a year against its 200-day moving average:
Observing the chart, T’s 52-week low rests at $13.43/share, with the high at $19.99/share—a difference from the current trading price of $17.57/share. Here’s a table spotlighting insider purchase rates over the last six months:
| Date | Insider | Title | Shares | Price/Share | Investment Value |
|---|---|---|---|---|---|
| 11/13/2023 | Stephen J. Luczo | Director | 62,500 | $15.55 | $971,875.00 |
The DividendRank report highlighted T shares for their appealing valuation metrics and robust profitability indicators. For instance, T’s current price of $17.52 reveals a 1.2 price-to-book ratio and a 6.34% annual dividend yield. In contrast, the standard company in Dividend Channel’s purview offers a 4.7% yield and trades at a price-to-book ratio of 2.2. The report also accentuated AT&T Inc’s commendable quarterly dividend track record and promising multi-year growth rates in fundamental data points.
According to the report, ”Dividend investors, particularly those approaching from a value mindset, seek out the highest-quality, most lucrative companies trading at a favorable valuation. This hunt guides our exclusive DividendRank algorithm, ranking companies based on profitability and valuation criteria to furnish a list of the most stimulating stocks. These can serve as a starting point for further research.”
AT&T Inc’s annualized dividend sits at $1.11/share, paid quarterly. The most recent dividend ex-date occurred on 04/09/2024. Below is a long-term dividend history chart for T, deemed pivotal by the report. Indeed, analyzing a firm’s historical dividend data offers insight into sustaining dividend trends.
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Further Reading:
EQY Insider Buying
QLS Videos
OIS Average Annual Return
The opinions expressed in this piece are those of the author and not necessarily aligned with Nasdaq, Inc.
