5 dividend stocks that insiders like
By Meena Krishnamsetty | MarketWatch 2012/10/18Sometimes, dividend yields can look attractive because the company's stock price has dropped; this can be a concern if the lower stock price is tied to poorer business performance, which could in turn lead to dividend cuts. It's also generally a good idea to review a history of insider purchases and sales — particularly purchases, as they tend to be more predictive of future performance — when looking at stocks. Here are five stocks which pay high dividend yields, are at least flat year to date, and have seen at least one insider purchase in the last three months:
Aldo Zucaro, CEO of Old Republic International Corporation(ORI), bought about 10,000 shares of the company in August 2012. Old Republic is an insurer whose products include asset insurance (auto, marine, etc.) and specialty coverage. It is unprofitable when looking at the last four quarters, but grew its revenue slightly in the second quarter of 2012 and sell-side analyst consensus is for positive