 |
 |
 |
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Only Thirteen Dow Components With Recent Insider Buying, CAT is One of ThemBy Dividend Channel Staff, Tuesday, August 14, 11:24 AM ET
The officers and directors of a company tend to have a unique inside view into the business, so when these insiders make purchases, investors are wise to take notice. Presumably the only reason for a company insider to 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. Within the 30 components of the Dow Jones Industrial Average, only thirteen companies have experienced such buying over the trailing six month period, one of which was Caterpillar Inc. (NYSE:CAT), where an investment totaling $102.9K was made by Director Eugene V. Fife. Click Here to Learn Which Other Twelve Dow Components Also Had Recent Insider Buying » Fife bets big on CAT:
Fife's average cost works out to $102.87/share. In trading on Tuesday, bargain hunters could buy shares of Caterpillar Inc. (NYSE:CAT) and achieve a cost basis lower than Fife, with shares changing hands as low as $88.44 per share. It should be noted that Fife has collected $0.52/share in dividends since the time of their purchase, so they are currently down 13.5% on their purchase from a total return basis. Shares of Caterpillar Inc. were changing hands at $88.54 at last check, trading off about 0.1% on Tuesday. The chart below shows the one year performance of CAT shares, versus its 200 day moving average:
Looking at the chart above, CAT's low point in its 52 week range is $67.54 per share, with $116.95 as the 52 week high point — that compares with a last trade of $88.54. The current annualized dividend paid by Caterpillar Inc. is $2.08/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 07/18/2012. Below is a long-term dividend history chart for CAT, which can be of good help in judging whether the most recent dividend with approx. 2.4% annualized yield is likely to continue.
According to the ETF Finder at ETF Channel, CAT makes up 5.10% of the SPDR Dow Jones Industrial Average ETF (AMEX:DIA) which is trading up by about 0.1% on the day Tuesday. See what other ETFs contain CAT » Special Offer: Join the value investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation
Find the right mix of model portfolios today at PortfolioChannel.com
This Article's Word Cloud:
Average
Caterpillar
Director
Eugene
Fife
Industrial
Insider
Join
Jones
NYSE
Seven
Shares
Tuesday
about
annualized
average
basis
changing
chart
company
cost
currently
dividend
escape
fillColor
hands
have
last
make
maybe
most
only
other
paid
period
point
purchase
recent
share
shares
stock
take
that
their
they
trading
week
what
which
with
|
Now Playing:
One Reason For Insiders to Buy
Start slideshow: