|
Featured MNV Articles:
| Top Buys by Top Brass: CEO Fitterling's $280.1K Bet on DOWBy Dividend Channel Staff, Tuesday, November 16, 1:05 PM ET
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. 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 — 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 the ''top brass'' over the trailing six month period, one of which was a total of $280.1K by James R. Fitterling, CEO at Dow Inc (NYSE:DOW). Fitterling bets big on DOW:
Fitterling's average cost works out to $56.03/share. Shares of Dow Inc were changing hands at $59.60 at last check, trading off about 0.6% on Tuesday. The chart below shows the one year performance of DOW shares, versus its 200 day moving average:
Looking at the chart above, DOW's low point in its 52 week range is $51.33 per share, with $71.38 as the 52 week high point — that compares with a last trade of $59.60. The current annualized dividend paid by Dow Inc is $2.8/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 11/29/2021. Below is a long-term dividend history chart for DOW, which can be of good help in judging whether the most recent dividend with approx. 4.7% 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
Bets
Brass
Buys
Chairman
Channel
Dividend
Fitterling
Insider
Insiders
James
Looking
NYSE
Newsletter
Offer
Place
Premium
Presumably
Price
Purchased
Shares
annualized
average
best
buys
chart
company
dividend
escape
fillColor
insider
last
make
maybe
mdash
most
paid
period
point
recent
share
stock
take
that
their
they
week
which
with
|