10 Dividend Paying Stocks Insiders Are Buying

3. Ashland Inc. (NYSE:ASH)

Change in Insider Ownership: 6.41%

Dividend Yield: 3.37%

A specialty materials company, Ashland Inc. (NYSE:ASH) serves markets such as pharmaceuticals, personal care, coatings, and adhesives from its headquarters located in Delaware. The company’s portfolio includes excipients, rheology modifiers, and biofunctional ingredients. Customization of these products is carried out about performance and regulatory compliance. Formulation expertise and innovation focusing on sustainability allow the company to compete against market players like DuPont. The company repositioned itself toward high-margin and science-based businesses, increasing its foothold despite consumer demand shifts.

Ashland Inc. (NYSE:ASH)’s sales in the first quarter of 2025 went down by 14%, reaching $405 million due to portfolio optimization, including the divestiture of Nutraceutical. On the other hand, the strong demand for skin and hair care resulted in a fourth consecutive quarter of over 25% year-over-year EBITDA growth in the personal care segment. Additionally, the portfolio optimization initiatives, though they have caused a decline in sales in the recent quarter, are expected by the company to improve profitability in the long term. As per the 2025 company guidance, a sale of $1.90 billion to $2.05 billion is anticipated.

Ashland Inc. (NYSE:ASH) has high internal optimism, as insider ownership has surged by 6.41% in the last six months. Though it has the lowest dividend yield (3.37%) on our list, the company could be the best addition for investors looking to diversify their portfolio with a dividend-paying stock from the chemicals and specialty ingredients industry.