 |
 |
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Top Buys by Directors: Sanner's $126.9K Bet on OGEBy Energy Stock Channel Staff, Thursday, April 15, 3:07 PM ET
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 $126.9K invested across 2 purchases by J. Michael Sanner, Director at OGE Energy Corp. (NYSE:OGE). Sanner bets big on OGE:
Sanner's average cost works out to $31.72/share. Shares of OGE Energy Corp. were changing hands at $33.27 at last check, trading up about 1.2% on Thursday. The chart below shows the one year performance of OGE shares, versus its 200 day moving average:
Looking at the chart above, OGE's low point in its 52 week range is $27.96 per share, with $35.24 as the 52 week high point — that compares with a last trade of $33.27. The current annualized dividend paid by OGE Energy Corp. is $1.61/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 04/09/2021. Below is a long-term dividend history chart for OGE, which can be of good help in judging whether the most recent dividend with approx. 4.9% annualized yield is likely to continue.
Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
This Article's Word Cloud:
Arial
Below
Buys
Channel
Company
Corp
Director
Directors
Dividend
Energy
Insider
Looking
Michael
NYSE
Newsletter
Offer
Premium
Presumably
Price
Purchased
Receive
Sanner
Share
Shares
annualized
average
buys
chart
company
directors
dividend
escape
fillColor
last
make
maybe
mdash
most
paid
period
point
recent
share
stock
take
that
they
week
which
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: