STAG Industrial Named Top Dividend Stock With Insider Buying and 5.49% Yield (STAG)

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would 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. So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is STAG Industrial Inc. ( STAG), which saw buying by Director Hans S. Weger.

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The Top DividendRank'ed Stocks With Insider Buying »

Back on January 15, Weger invested $12,480.68 into 613 shares of STAG, for a cost per share of $20.36. In trading on Wednesday, shares were changing hands as low as $22.93 per share, which is 12.6% above Weger's purchase price. It should be noted that Weger has collected $0.10/share in dividends since the time of their purchase, so they are currently up 13.1% on their purchase from a total return basis. STAG Industrial Inc. shares are currently trading +0.55% on the day. The chart below shows the one year performance of STAG shares, versus its 200 day moving average:

STAG Industrial Inc. Chart

Looking at the chart above, STAG's low point in its 52 week range is $18.76 per share, with $24.35 as the 52 week high point — that compares with a last trade of $22.99. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:

Purchased Insider Title Shares Price/Share Value
10/15/2013 Larry T. Guillemette Director 565 $19.88 $11,232.20
10/15/2013 Jeffrey D. Furber Director 440 $19.98 $8,791.20
10/15/2013 Francis X. Jacoby III Director 440 $19.88 $8,747.20
10/15/2013 Christopher P. Marr Director 534 $19.88 $10,615.92
10/15/2013 Hans S. Weger Director 628 $19.88 $12,484.64
12/12/2013 Kathryn Arnone EVP and General Counsel 500 $19.90 $9,950.00
12/12/2013 Gregory W. Sullivan CFO, EVP and Treasurer 3,000 $19.55 $58,660.00
12/12/2013 Benjamin S. Butcher Chairman, CEO and President 1,000 $19.47 $19,470.00
01/15/2014 Hans S. Weger Director 613 $20.36 $12,480.68
01/15/2014 Christopher P. Marr Director 521 $20.36 $10,607.56
01/15/2014 Francis X. Jacoby III Director 429 $20.36 $8,734.44
01/15/2014 Larry T. Guillemette Director 552 $20.36 $11,238.72
01/15/2014 Jeffrey D. Furber Director 429 $20.36 $8,734.44

The DividendRank report noted that among the coverage universe, STAG shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong monthly dividend history at STAG Industrial Inc., and favorable long-term multi-year growth rates in key fundamental data points.

The report stated, '' Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''

The annualized dividend paid by STAG Industrial Inc. is $1.26/share, currently paid in monthly installments, and its most recent dividend ex-date was on 04/28/2014. Below is a long-term dividend history chart for STAG, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

STAG+Dividend+History+Chart

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