|
Featured MNV Articles:
| Grab This Bargain 11.5% Yielder Even Cheaper Than Director Hochberg DidBy Dividend Channel Staff, Wednesday, November 16, 10:34 AM 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 November 11, Slr Investment Corp's Director, Steven Hochberg, invested $106,461.58 into 7,400 shares of SLRC, for a cost per share of $14.39. 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 Wednesday, bargain hunters could buy shares of Slr Investment Corp (NASDAQ:SLRC) and achieve a cost basis 1.7% cheaper than Hochberg, with shares changing hands as low as $14.14 per share. Slr Investment Corp shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of SLRC shares, versus its 200 day moving average:
Looking at the chart above, SLRC's low point in its 52 week range is $12.08 per share, with $19.60 as the 52 week high point — that compares with a last trade of $14.22. By comparison, below is a table showing the prices at which SLRC insider buying was recorded over the last six months:
The current annualized dividend paid by Slr Investment Corp is $1.640004/share, currently paid in monthly installments, and its most recent dividend ex-date was on 11/16/2022. Below is a long-term dividend history chart for SLRC, which can be of good help in judging whether the most recent dividend with approx. 11.5% 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
Back
Bargain
Bargains
Below
Channel
Cheaper
Corp
Director
Dividend
Hochberg
Insider
Insiders
Investment
Looking
Newsletter
November
Offer
Premium
Price
SLRC
Steven
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
|