10 Dividend Paying Stocks Insiders Are Buying

4. Noble Corporation plc (NYSE:NE)

Change in Insider Ownership: 6.19%

Dividend Yield: 10.15%

Based in Texas, Noble Corporation plc (NYSE:NE) provides offshore contract drilling services to the oil and gas industry worldwide. The company’s fleet includes high-specification jack-ups and ultra-deepwater drillships. North Sea, Gulf of Mexico, and West Africa comprise the key regions where the company operates. Noble Corporation plc (NYSE:NE) stands apart from its competitors through modernized assets, operational efficiency, and safety performance. The offshore demand from the long-cycle exploration investments alongside global energy diversification efforts immensely benefits the company’s revenue-making capabilities.

Noble Corporation plc (NYSE:NE) reported an EBITDA of $319 million in the fourth quarter of 2024. The newly acquired Diamond Offshore elevated the company’s position in the deepwater market during the period through synergies. The acquisition is expected to raise the company’s value in 2025. Additionally, in 2024, the company returned over $575 million to shareholders via share repurchases, indicating its commitment to creating shareholder value. Securing over $500 million in new contract commitments, the company anticipates the total revenue for 2025 to be between $3,250 and $3,450 million.

Noble Corporation plc (NYSE:NE)’s insiders raised their stake in the company by 6.19%, reflecting increased confidence in its recovery. Offering a highly attractive dividend yield of 10.15%, the company finds a place among the best dividend stocks for investors seeking high-yield opportunities.