The Online Investor



Snag This Cheap 4.8% Yielder Even Lower Than Chief Executive Officer Eppinger Did

By The Online Investor Staff, Friday, March 24, 3:42 PM ET

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on March 16, Stewart Information Services Corp's Chief Executive Officer, Frederick H. Eppinger, invested $113,100.00 into 3,000 shares of STC, for a cost per share of $37.70. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money.

In trading on Friday, bargain hunters could buy shares of Stewart Information Services Corp (NYSE:STC) and achieve a cost basis 1.8% cheaper than Eppinger, with shares changing hands as low as $37.01 per share. Stewart Information Services Corp shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of STC shares, versus its 200 day moving average:

Stewart Information Services Corp Chart

Looking at the chart above, STC's low point in its 52 week range is $35.955 per share, with $65.325 as the 52 week high point — that compares with a last trade of $38.52. By comparison, below is a table showing the prices at which STC insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
03/16/2023 Frederick H. Eppinger Chief Executive Officer 3,000 $37.70 $113,100.00

The current annualized dividend paid by Stewart Information Services Corp is $1.8/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/14/2023. Below is a long-term dividend history chart for STC, which can be of good help in judging whether the most recent dividend with approx. 4.8% annualized yield is likely to continue.

Free Report: Top 8%+ Dividends (paid monthly)

This Article's Word Cloud:   Arial   Back   Bargain   Bargains   Below   Cheaper   Chief   Corp   Dividend   Dividends   Eppinger   Executive   Frederick   Free   Friday   Information   Insider   Insiders   Looking   Officer   Services   Stewart   about   annualized   below   buying   chart   cost   currently   dividend   escape   fillColor   hunters   insider   last   most   only   paid   point   reason   recent   share   shares   stock   that   their   trading   week   which   with

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