RMP Crosses Below Key Moving Average Level

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.

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.

In trading on Tuesday, shares of Inter Pipeline Ltd. (TSX: IPL.

SJW Corp. has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report.

In trading on Thursday, shares of CADIZ Inc crossed below their 200 day moving average of $9.80, changing hands as low as $9.77 per share. CADIZ Inc shares are currently trading up about 0.7% on the day.