By: Dividend Channel
April 04, 2013 at 14:01 PM EDT
Macy's Inc Named Top Dividend Stock With Insider Buying and 1.89% Yield (M)
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.
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