In recent times, insider buying has been on the rise, with company executives and directors showing confidence in their firms by purchasing substantial amounts of stock. This trend is particularly notable in companies offering big dividends, with insiders indicating that they believe their stocks are undervalued and the dividends are secure. Among the companies seeing significant insider buying are Western Midstream Partners LP (WES), Capitol Federal Financial (CFFN), and Broadstone Net Lease (BNL). These firms offer dividend yields ranging from 6.1% to 7.5%, attracting the attention of insiders who believe in their potential for long-term growth.
Western Midstream Partners LP (WES) is a company managing a wide network of pipelines and facilities across several states in the U.S. Insiders at WES are showing optimism through their recent purchases of thousands of shares, signaling their belief in the company’s growth potential. The company’s plans to increase its distribution by a substantial 52% further support insider confidence, with expectations of higher yields on current prices. Moreover, the possibility of a major stake sale by Occidental Petroleum (OXY) could play a role in WES insiders’ buying decisions, hinting at potential growth in the company’s value.
Capitol Federal Financial (CFFN) is another firm witnessing notable insider buying, with executives and directors acquiring thousands of shares in recent weeks. The bank, based in Kansas and Missouri, has experienced fluctuations in its stock price and dividend payments in the past. However, insiders seem to be optimistic about CFFN’s prospects, as the company undergoes restructuring and shifts its focus towards more commercial lending activities. Despite Wall Street’s lukewarm reception, company insiders are showing confidence in CFFN’s long-term growth potential.
Broadstone Net Lease (BNL) is a real estate investment trust specializing in single-tenant commercial properties. Insiders at BNL have recently made significant purchases of company shares, totaling thousands of dollars. The company’s diversified portfolio and focus on industrial, restaurant, and retail properties align with its long-term growth strategy, despite potential short-term earnings challenges. By concentrating on high-demand sectors, insiders at BNL are indicating their belief in the company’s ability to deliver strong returns in the future, bolstering investor confidence in the stock.
Overall, insider buying activity in companies offering attractive dividends highlights a trend of confidence among executives and directors. These insiders are signaling to investors that they believe in their companies’ long-term growth potential, as reflected in their significant stock purchases. By closely monitoring such insider activity and dividend yields, investors can gain insights into the future prospects of these companies. As these firms continue to attract attention from insiders, it will be interesting to see how their stock prices and dividend payments evolve in the months ahead.
