Boston, MA 08/27/2014 (wallstreetpr) – According to reports, American Realty Capital Properties Inc (NASDAQ:ARCP) has decided to start trading ex-dividend on August 27, 2014. After a decent performance in the previous quarter, the management of ARCP also announced to pay a cash dividend of $0.1395833 per share. The cash dividend is payable on September 15, 2014. Those shareholders who purchased ARCP stocks before the announcement of ex-dividend are eligible for a cash dividend. It is the seventh consecutive quarter when ARCP has paid the same ex-dividend. Dividend yield of ARCP is as much as 7.07% on the current stock price, which can be considered significantly good.
Insider trading in ARCP: Strategy or Shortcut to make money:
There are many companies that look to execute insider trading to boost up the market price of their shares. When it comes to American Realty Capital Properties Inc (NASDAQ:ARCP), one can find significant evidences of insider trading in the past. According to a report that was published in Forbes, William G. Stanley, Director of American Realty Capital Properties Inc (NASDAQ:ARCP) executed insider trading in the last month. He decided to invest as much as $126,588.00 into 10,000 shares of ARCP on July 11, 2014. The cost per share for him was $12.66. While the latest trading session on Tuesday represented that ARCP’s stock came down to $13.12 per share which was still 3.6% more than the price that Stanley had to pay.
If one takes a look at the trend of the market after July 11, 2014, he can clearly notice that the director of American Realty Capital Properties Inc (NASDAQ:ARCP) has earned total $0.08/share in dividends. If taken into consideration the total return method, one can see that total share prices have gone up by 4.3% after he bought the shares. Analysts at the Dividend Rank estimate that the insider trading which was executed by the director of the company has benefited the company in a significant way.
