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Just caught something interesting about Expand Energy Corp (EXE) that caught my eye. Apparently one of their directors, Matthew Gallagher, dropped over $100k into the stock back in February, buying 1,000 shares at $100.66 each. That kind of insider buying always makes me perk up a bit, you know? Like, if the people running the company are willing to put their own money in, that usually means something.
The stock's been doing alright since then. It's trading around $106-108 range now, so he's already up a decent chunk. But here's the thing that really grabbed me - this is apparently showing up as one of the top dividend stocks worth watching. The yield sits around 2.16%, which isn't crazy high but it's solid, and they're paying out $2.3 per share annually in quarterly chunks. The dividend history looks pretty consistent too, which matters to me more than a super high yield that might get cut.
I looked at the chart and the 52-week range is $91 to $126, so it's got some volatility but nothing alarming. The fact that insider buying is happening while this is ranking as a top dividend stock is worth noting. That combo doesn't happen super often. Not saying it's a buy signal or anything, but definitely one to throw on the watchlist and dig deeper into. Anyone else been following EXE or watching for insider moves like this?