|
Featured MNV Articles:
| Get An Even Better Deal On DHIL Than Director Cooley DidBy Dividend Channel Staff, Tuesday, May 2, 3:21 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 March 16, Diamond Hill Investment Group Inc - Class A Comm's Director, Richard Scott Cooley, invested $79,000.00 into 500 shares of DHIL, for a cost per share of $158.00. 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 Diamond Hill Investment Group Inc - Class A Comm (NASDAQ:DHIL) and achieve a cost basis even cheaper than Cooley, with shares changing hands as low as $157.00 per share. Diamond Hill Investment Group Inc - Class A Comm shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of DHIL shares, versus its 200 day moving average:
Looking at the chart above, DHIL's low point in its 52 week range is $154.24 per share, with $197 as the 52 week high point — that compares with a last trade of $157.00. By comparison, below is a table showing the prices at which DHIL insider buying was recorded over the last six months:
The current annualized dividend paid by Diamond Hill Investment Group Inc - Class A Comm is $6/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/03/2023. Below is a long-term dividend history chart for DHIL, which can be of good help in judging whether the most recent dividend with approx. 3.7% 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
Back
Bargain
Bargains
Below
Channel
Cheaper
Class
Comm
Cooley
DHIL
Diamond
Director
Dividend
Group
Hill
Insider
Insiders
Investment
Looking
Richard
Scott
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
|