John C. Hill, CEO and President of Central Securities Corp (NYSE:CET), recently acquired 700 shares of the company’s common stock, valued at approximately $32,109. The shares were purchased at a price of $45.87 each. The company, which maintains an impressive 8.99% dividend yield and has sustained dividend payments for 52 consecutive years according to InvestingPro, has demonstrated strong performance with a 27.86% return over the past year. Following this transaction, Hill now directly owns 72,992 shares. Additionally, Hill holds 854 shares indirectly, attributed to ownership by children, which includes shares received in a non-reportable transaction. With a beta of 0.79 and an overall financial health score rated as "Good" by InvestingPro, the company exhibits stable market performance. Subscribers can access 5 additional ProTips and comprehensive financial metrics on the platform.
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