Dividend Channel
Free Dividend Report - Top Ranked Stocks


Wed, Nov 25, 9:21 AM, Zacks
Top Ranked Income Stocks to Buy for November 25th
Here are four stocks with buy rank and strong income characteristics for investors to consider today, November 25th

Wed, Nov 25, 7:17 AM, Zacks
Ellington Financial's (EFC) Shares March Higher, Can It Continue?
As of late, it has definitely been a great time to be an investor in Ellington Financial (EFC).

Featured MNV Articles:

Reminder - Sutter Rock Capital (SSSS) Goes Ex-Dividend Soon
Wednesday, November 27, 10:01 AM ET, by Market News Video Staff

On 11/29/19, Sutter Rock Capital Corp (SSSS) will trade ex-dividend, for its quarterly dividend of ...

Cash Dividend On The Way From Sutter Rock Capital (SSSS)
Friday, December 27, 10:11 AM ET, by Market News Video Staff

On 12/30/19, Sutter Rock Capital Corp (SSSS) will trade ex-dividend, for its quarterly dividend of ...

Top Buys by Top Brass: CEO and President Klein's $125K Bet on SSSS
Friday, January 10, 10:10 AM ET, by Market News Video Staff

A company's own top management tend to have the best inside view into the business, ...

This Stock Has A 6.95% Yield, Sells For Less Than Book, and Insiders Have Been Buying
Tuesday, January 14, 1:56 PM ET, by Market News Video Staff

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then ...

Look Under The Hood: EES Has 77% Upside
Monday, March 23, 9:01 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Top Buys by Directors: Klein's $1.1M Bet on SSSS

By Dividend Channel Staff, Wednesday, November 18, 1:59 PM 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.

The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $1.1M invested across 2 purchases by Mark D. Klein, CEO and President at Suro Capital Corp (NASDAQ:SSSS).

Klein bets big on SSSS:

Purchased Insider Title Shares Price/Share Value
11/11/2020 Mark D. Klein CEO and President 6,950 $9.18 $63,790.00
11/17/2020 Mark D. Klein CEO and President 99,661 $9.94 $990,251.52

Klein's average cost works out to $9.89/share. Shares of Suro Capital Corp were changing hands at $10.54 at last check, trading up about 2.4% on Wednesday. The chart below shows the one year performance of SSSS shares, versus its 200 day moving average:

Suro Capital Corp Chart

Looking at the chart above, SSSS's low point in its 52 week range is $3.60 per share, with $14.91 as the 52 week high point — that compares with a last trade of $10.54.

The current annualized dividend paid by Suro Capital Corp is $1/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/09/2020. Below is a long-term dividend history chart for SSSS, which can be of good help in judging whether the most recent dividend with approx. 9.7% annualized yield is likely to continue.

Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

This Article's Word Cloud:   Arial   Below   Buys   Capital   Channel   Company   Corp   Directors   Dividend   Insider   Klein   Looking   Mark   Newsletter   Offer   Premium   President   Presumably   Price   Purchased   Receive   SSSS   Shares   Suro   annualized   average   buys   chart   company   directors   dividend   escape   fillColor   last   make   maybe   mdash   most   paid   period   point   recent   share   stock   take   that   they   week   which   with

Top Buys by Directors: Klein's $1.1M Bet on SSSS | www.DividendChannel.com | Copyright © 2010 - 2020, 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.