HomeMost PopularThe Insider Scoop: Four Corners Property Trust's Dividend Strength and Insider Buying...

The Insider Scoop: Four Corners Property Trust’s Dividend Strength and Insider Buying Signals

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Peering through the looking glass of the most recent Dividend Channel β€œDividendRank” report, we whisk away only those luminary companies that have recently embraced insider buying as a harbinger of prosperity. Insiders, with their front-row seat to the company’s inner workings, dip into their coffers to purchase shares for a reason β€” likely foreseeing ripe opportunities or burgeoning development. When insider purchases coincide with top-ranking status, it serves as a flickering beacon for investors to heed. One such luminary is Four Corners Property Trust Inc (Symbol: FCPT), graced by the purchasing touch of Director Douglas B. Hansen.

On a brisk day in November, Hansen plunged $107,613.00 into the stock, acquiring 4,950 shares at $21.74 each. Presently, shares are exchanging hands at $24.20, a tidy 11.3% bloom from Hansen’s acquisition price. To sweeten the deal, Hansen has reaped dividends of $0.69 per share post-purchase, marking a robust 14.5% upswing on their initial investment. Despite a -0.98% flux in value today, FCPT shares continue to entice with their allure.

Glancing at the one-year trajectory of FCPT’s performance against its 200-day moving average (seen below), the journey from $20.51 at its nadir to $27.60 at its zenith paints a vivid picture for seasoned and budding investors alike.

Four Corners Property Trust Inc Chart

Comparatively, the insiders’ dealings over the past half-year, as recorded in the table below, unveil a symphony of strategic stock acquisitions:

Purchased Insider Title Shares Price/Share Value
11/06/2023 William H. Lenehan President and CEO 9,000 $22.05 $198,450.00
11/07/2023 Douglas B. Hansen Director 4,950 $21.74 $107,613.00

The DividendRank report underlines FCPT’s compelling valuation and robust profitability metrics. At $24.47 per share, FCPT boasts a price-to-book ratio of 1.8 along with a savory annual dividend yield of 5.64% β€” eclipsing the average across Dividend Channel’s coverage universe, which languishes at 4.6%. Besides, Four Corners Property Trust Inc flaunts a resolute quarterly dividend legacy and nurturing long-term growth prospects across essential fundamental touchpoints.

The report eloquently states, β€œDividend investors with a penchant for value-centered investing seek out stalwart, profitable companies ensconced in the cocoon of attractive valuation. This underpins our unique DividendRank formula, orchestrating a ranking ritual based on profitability and valuation, threading forth a coterie of the cream of the crop stocks β€” a trove of investment propositions ripe for deeper exploration.β€œ

Four Corners Property Trust Inc dons the mantle of an annualized dividend of $1.38 per share, lavishly distributed in quarterly parcels, with the recent dividend ex-date unfurled on 03/27/2024. Delve into the annals of FCPT’s dividend history (seen below), a pivotal compass according to the report, aiding in divining the trajectory of forthcoming dividends.


nslideshowThe Top DividendRank’ed Stocks With Insider Buying Β»

Also see:

Β• Utilities Stocks Hedge Funds Are Selling
Β• ICSH Average Annual Return
Β• OCGN shares outstanding history

Author’s views and opinions expressed herein are their own and may not align with those of Nasdaq, Inc.

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