This “Peter Lynch Favorite” Delivers 8.3% Dividends, 77% Payout Growth
August 08, 2023 at 05:00 AM EDT
Few folks know it, but there’s a comically ignored indicator that regularly hands out safe 8%+ dividends—plus payouts that surge double-digits. I’m talking about insider buying. When it comes to the buys and sells of the folks in corporate C-suites, Peter Lynch said it best: “Insiders may sell their shares for any number of reasons, but they buy them for only one: the think the price will rise.” Far be it for me to “edit” Lynch, but I’d add one more thing: these ballers also think the dividend is safe. Think about it for a second: dividend safety is priority No.… Read more