One of the best ways to protect your portfolio from potential downside is with high-yielding dividend stocks – especially those where even insiders are exceptionally bullish.
After all, who knows their own company better than the insiders?
Look at Agree Realty (ADC), for example.
At the moment, ADC yields about 5.3% — and it’s trading at a 52-week low of $55.17. It hasn’t been this cheap since early 2021. Better, the REIT focuses on some of the biggest, well known retailers in the market, like Home Depot and Walmart. That means it has high-grade tenants. Its occupancy rate also stands at 99.7%. And insiders have been buying.
Executive Chairman of the Board Richard Agree bought 30,000 shares recently. President and CEO Joey Agree bought 10,000 shares. And director John Rakolta Jr. bought 30,000.
Or, look at Safehold (SAFE).
SAFE yields 3.92% and is also trading at a 52-week low of $17.72. This REIT focuses on ground leases, where the landlord owns the land, and leases it to a tenant. CEO Jay Sugarman recently bought 65,420 shares of the down, but now out REIT for about $1.4 million.
There’s also Uniti Group (UNIT).
UNIT yields 13.27% at the moment. While it’s not at a 52-week low, it’s still just as attractive on a recent drop to $4.52, where it appears to have caught double bottom support. From here, we’d like to see UNIT again challenge $5.50. President and CEO Kenny Gunderman just bought 225,000 shares of UNIT for just under $1 million earlier this month.
We’ll keep you up to date on even more insider buying as we find them.
