Stock Message Boards
Dividend Channel
Market News Video Dividend Detective The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

December 26th Options Now Available For Consumer Staples Select Sector SPDR Fund (XLP)
Thursday, November 6, 11:35 AM ET, by Market News Video Staff

Investors in Consumer Staples Select Sector SPDR Fund (XLP) saw new options begin trading today, ...

Interesting January 2016 Stock Options for Coca-Cola
Monday, November 10, 12:12 PM ET, by Market News Video Staff

Consistently, one of the more popular stocks people enter into their stock options watchlist at ...

Notable ETF Inflow Detected - XLP, WMT, MO, COST
Tuesday, November 11, 10:57 AM ET, by Market News Video Staff

Symbols mentioned in this story: XLP, WMT, MO, COST Exchange traded funds (ETFs) trade just ...

Home Depot Becomes #18 Most Shorted Dow Stock, Replacing Coca-Cola
Wednesday, November 12, 9:48 AM ET, by Market News Video Staff

The most recent short interest data has been released by the NASDAQ for the 10/31/2014 ...

Notable ETF Inflow Detected - VUG, KO, GOOG, FB
Wednesday, November 12, 10:54 AM ET, by Market News Video Staff

Symbols mentioned in this story: VUG, KO, GOOG, FB Exchange traded funds (ETFs) trade just ...

  More articles:  1 2 3 4 5 6 7 next »

Land This Bargain Even Cheaper Than Director Daley Did

By Dividend Channel Staff, Thursday, December 20, 10:07 AM ET
Play Video: One Reason For Insiders to Buy


If the video does not load after a few moments, Upgrade to the Latest Flash Player.

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 October 23, Coca-Cola Co 's Director, Richard M. Daley, invested $36,699.20 into 1,000 shares of KO, for a cost per share of $36.70. 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 Thursday, bargain hunters could buy shares of Coca-Cola Co (NYSE:KO) and achieve a cost basis even cheaper than Daley, with shares changing hands as low as $36.68 per share. It should be noted that Daley has collected $0.26/share in dividends since the time of their purchase, so they are currently up 0.7% on their purchase from a total return basis. Coca-Cola Co shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of KO shares, versus its 200 day moving average:

Coca-Cola Co  Chart

Looking at the chart above, KO's low point in its 52 week range is $33.28 per share, with $40.67 as the 52 week high point that compares with a last trade of $36.92. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
10/23/2012 Richard M. Daley Director 1,000 $36.70 $36,699.20

The current annualized dividend paid by Coca-Cola Co is $1.02/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/28/2012. Below is a long-term dividend history chart for KO, which can be of good help in judging whether the most recent dividend with approx. 2.8% annualized yield is likely to continue.

According to the ETF Finder at ETF Channel, KO makes up 11.91% of the Consumer Staples Select Sector SPDR Fund ETF (AMEX:XLP) which is trading up by about 0.3% on the day Thursday.

See what other ETFs contain KO
See what other stocks are held by XLP


Special Offer: Find out how Dave Moenning is trading around the most recent insider transactions with a free 30 day trial .


This Article's Word Cloud:   Coca   Cola   Daley   Definition   Director   ETFs   Fund   Importance   Insider   Price   Richard   Thursday   about   afterLeftLabels   annualized   basis   below   buying   changing   chart   chartBackgroundColor   cost   currently   date   dividend   escape   fillColor   hunters   insider   judging   last   most   only   other   paid   point   purchase   reason   recent   share   shares   stock   that   their   they   trading   week   what   which   with

Land This Bargain Even Cheaper Than Director Daley Did | www.DividendChannel.com | Copyright © 2010 - 2014, All Rights Reserved

Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.