 |
 |
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Top Buys by Top Brass: Executive Chairman Warren's $30.1M Bet on ETBy Energy Stock Channel Staff, Monday, August 15, 10:50 AM ET
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company 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 the ''top brass'' over the trailing six month period, one of which was a total of $30.1M invested across 2 purchases by Kelcy L. Warren, Executive Chairman at Energy Transfer LP (NYSE:ET). Warren bets big on ET:
Warren's average cost works out to $10.94/share. Shares of Energy Transfer LP were changing hands at $11.36 at last check, trading off about 2.8% on Monday. The chart below shows the one year performance of ET shares, versus its 200 day moving average:
Looking at the chart above, ET's low point in its 52 week range is $7.96 per share, with $12.48 as the 52 week high point — that compares with a last trade of $11.36. The current annualized dividend paid by Energy Transfer LP is $0.92/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/05/2022. Below is a long-term dividend history chart for ET, which can be of good help in judging whether the most recent dividend with approx. 7.9% annualized yield is likely to continue.
Free Report: Top 7%+ Dividends (paid monthly)
This Article's Word Cloud:
Arial
Below
Bets
Brass
Buys
Chairman
Dividends
Energy
Executive
Free
Insider
Insiders
Kelcy
Looking
Monday
NYSE
Place
Presumably
Price
Purchased
Shares
Transfer
Warren
annualized
average
buys
chart
company
dividend
escape
fillColor
insider
last
make
maybe
mdash
most
paid
period
point
recent
share
stock
take
that
their
they
week
which
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: