Insider Buying Listed below is a dividend stock that has had recent buying activity in the public market reported by the CEO.
Savaria Corp.
On Nov. 3, chairman, president and chief executive officer Marcel Bourassa bought 75,000 shares at a cost per share of $13.91 for an account in which he has indirect ownership, increasing the position in this particular account to 212,931 shares. The cost of this purchase exceeded $1 million.
The company pays its shareholders a monthly dividend of 4.33 cents per share, equating to a current annualized yield of approximately 3.7 per cent.