Wednesday’s Insider Report: Company leaders are buying these three dividend stocks

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Wednesday’s Insider Report: Company leaders are buying these three dividend stocks
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A look at recent notable transactions

Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.

Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock’s valuation; perhaps an insider needs to raise money for personal reasons. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.

That same day, fellow director Michel Letellier bought 700 shares at an average cost per share of approximately $156.64 for his REER, initiating a position in this specific account. The cost of this investment totaled over $109,000.On Jan. 24, management announced that an 8-per-cent dividend increase was approved by its Board of Director. In March, the company will pay its shareholders a quarterly dividend of 79 cents per share, equating to a current annualized yield of 2 per cent.On Jan.

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