Replies to post #119 on Dividend investing for Retirement and other $$ Gai

[swanlinbar]

NGL-Top Buys by Directors: Krimbill's $569.7K Bet on NGL
September 13, 2018, 02:01:28 PM EDT By EnergyStockChannel.com, BNK Invest











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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 $569.7K invested across 2 purchases by H. Michael Krimbill, Chief Executive Officer at NGL Energy Partners LP (Symbol: NGL).

PurchasedInsiderTitleSharesPrice/ShareValue
03/16/2018 H. Michael Krimbill Chief Executive Officer 30,000 $11.22 $336,747.00
08/31/2018 H. Michael Krimbill Chief Executive Officer 20,000 $11.65 $232,905.40


Krimbill's average cost works out to $11.39/share. In trading on Thursday, bargain hunters could buy shares of NGL Energy Partners LP (Symbol: NGL) and achieve a cost basis lower than Krimbill, with shares changing hands as low as $11.07 per share. Shares of NGL Energy Partners LP were changing hands at $11.15 at last check, trading off about 2.4% on Thursday. The chart below shows the one year performance of NGL shares, versus its 200 day moving average:



Looking at the chart above, NGL's low point in its 52 week range is $9.95 per share, with $17.65 as the 52 week high point - that compares with a last trade of $11.15.

The current annualized dividend paid by NGL Energy Partners LP is $1.56/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 08/07/2018. Below is a long-term dividend history chart for NGL, which can be of good help in judging whether the most recent dividend with approx. 13.7% annualized yield is likely to continue.

Click here to find out which other top insider buys by company directors you need to know about »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/article/top-buys-by-directors-krimbills-5697k-bet-on-ngl-cm1022651

[swanlinbar]

LXP bought shares today @8.16 Lexington Realty Trust Announces quarterly Common Share Dividend
5:00 pm ET September 13, 2018 (Globe Newswire) Print
Lexington Realty Trust (NYSE:LXP) ("Lexington"), a real estate investment trust (REIT) focused on single-tenant real estate investments, today announced that it declared a regular common share/unit dividend/distribution for the quarter ending September 30, 2018 of $0.1775 per common share/unit payable on or about October 15, 2018 to common shareholders/unitholders of record as of September 28, 2018.

Lexington also declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock ("Series C Preferred Shares") for the quarter ending September 30, 2018, which is payable on or about November 15, 2018, to holders of Series C Preferred Shares of record as of October 31, 2018.

This release contains certain forward-looking statements which involve known and unknown risks, uncertainties and other factors not under Lexington's control which may cause actual results, performance or achievements of Lexington to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, (1) the discretion of Lexington's Board of Trustees with respect to the authorization of future dividend declarations and (2) those factors and risks detailed in Lexington's periodic filings with the Securities and Exchange Commission. Except as required by law, Lexington undertakes no obligation to publicly release the results of any revisions to those forward-looking statements which may be made to reflect events or circumstances after the occurrence of unanticipated events.

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