|
Featured MNV Articles:
| Snatch This Bargain Even Cheaper Than Chief Strategy Officer Whitmore DidBy Dividend Channel Staff, Tuesday, March 22, 4:41 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 February 25, Keurig Dr Pepper Inc's Chief Strategy Officer, Justin Whitmore, invested $239,710.60 into 6,355 shares of KDP, for a cost per share of $37.72. 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 Tuesday, bargain hunters could buy shares of Keurig Dr Pepper Inc (NASDAQ:KDP) and achieve a cost basis 1.0% cheaper than Whitmore, with shares changing hands as low as $37.33 per share. Keurig Dr Pepper Inc shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of KDP shares, versus its 200 day moving average:
Looking at the chart above, KDP's low point in its 52 week range is $32.44 per share, with $39.35 as the 52 week high point — that compares with a last trade of $37.80. By comparison, below is a table showing the prices at which KDP insider buying was recorded over the last six months:
The current annualized dividend paid by Keurig Dr Pepper Inc is $0.75/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 03/31/2022. Below is a long-term dividend history chart for KDP, which can be of good help in judging whether the most recent dividend with approx. 2.0% annualized yield is likely to continue.
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
This Article's Word Cloud:
Arial
Back
Bargain
Bargains
Below
Cheaper
Chief
Days
Dividend
Dollars
February
Insider
Insiders
Join
Justin
Keurig
Looking
Officer
Pepper
Seven
Strategy
Whitmore
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
|