The directors of a company tend to have a unique inside view into the business, so when directors make major buys, investors are wise to take notice. Presumably the only reason a director of a company 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 in this series we look at the largest insider buys by company directors over the trailing six month period, one of which was a total of $108.7K by Robert E. Guth, Director at Lumos Networks Corp. ( LMOS).Guth bets big on LMOS:
|02/28/2014||Robert E. Guth||Director||7,500||$14.49||$108,675.00|
The current annualized dividend paid by Lumos Networks Corp. is $0.56/share, currently paid in quarterly installments, and its most recent dividend has an upcoming ex-date of 03/11/2014. Below is a long-term dividend history chart for LMOS, which can be of good help in judging whether the most recent dividend with approx. 3.9% annualized yield is likely to continue.According to the ETF Finder at ETF Channel, LMOS makes up 2.06% of the S&P SmallCap Utilities Portfolio ETF ( PSCU) which is trading lower by about 0.9% on the day Monday.