10 Best Financial Dividend Stocks Insiders are Buying in 2024

5. Prospect Capital Corporation (NASDAQ:PSEC)

Number of Hedge Fund Investors: 12

John F. Barry III, Prospect Capital’s CEO, on May 10 bought 69,082 shares of the company at $5.48 per share. Since this transaction the stock price has gained about 2.1%. The stock has a dividend yield of about 12%.

Insider Monkey’s database of 933 hedge funds shows that 12 hedge funds had stakes in Prospect Capital as of the end of 2023. The most significant stake in the company is owned by Robert B. Gillam’s McKinley Capital Management.