All in all, 2010 proved to be a solid year for the stock market, ending on a high note carrying over into the new year. Right now, optimism is high -- but the bull market is maturing, and some may suggest it may very well be heading for a correction.

So while risk-takers may feel comfortable riding the bullish tide, it may not be a bad idea to find a way to hedge your bets for 2011. Not only do dividend yielding stocks tend to be steadier and more stable than non-payers, they're especially attractive once a bull market starts showing signs of maturity.

In the first stage of a bull run, non-dividend stocks generally see better results than their dividend paying counterparts. But in the latter stages of a bull market, it's dividend payers that outperform -- since 1974 they have outperformed by three percentage points during the second leg, and seven percentage points during the third, according to Ned Davis Research.

But bear in mind that high dividend yield can be a deceiving metric. A stock's dividend yield is a ratio that compares annual dividends per share to price per share -- so a higher dividend yield can merely be a sign of a depressed stock price. And when a stock is trading at a discount, there's often a good reason.

Which is why we looked to see which high-yielding stocks were also seeing insider buying. It's fair to assume that a firm's management has a lot more access to intel than we do -- so if they're snapping up company stock, it's a pretty good sign of things to come. (Click here to access free, interactive tools to analyze these ideas.)

Here's a list of high yield dividend stocks seeing insider buying. Insider trading data sourced from AOL Money. The list has been sorted by dividend yield.

Company

Dividend Yield

Insider Trends

Windstream (NYSE: WIN)

7.14%

Dennis Foster (Chairman) bought $56,640 worth of stock on 12/16

Inergy (Nasdaq: NRGY)

7.07%

John Sherman (CEO) bought $189,850 worth of stock on 12/2

Liberty Property Trust (NYSE: LRY)

5.89%

Stephen Steinour (Director) bought $395,064 worth of stock on 10/27

Nisource (NYSE: NI)

5.16%

Insiders like Marty Kittrell (Director) and Wallace Lee Nutter (Director) collectively bought $561,547 worth of stock between 11/5 - 11/17

Philip Morris International (NYSE: PM)

4.37%

Sergio Marchionne (Director) bought $512,711 worth of stock between 10/22 - 12/20

Xcel Energy (NYSE: XEL)

4.29%

David Westerlund (Director) bought $23,567 worth of stock on 12/15

Dominion Resources (NYSE: D)

4.28%

Robert Spilman (Director) bought $19,660 worth of stock on 12/13

Kimberly-Clark (NYSE: KMB)

4.20%

Lizanne Gottung (Officer) bought $226,826 worth of stock on 10/28

Digital Realty Trust (NYSE: DLR)

4.08%

Insiders like Kathleen Earley-Reed (Director) and Laurence Chapman (Director) collectively bought $873,629 worth of stock between 11/8 - 11/24

Interactive Chart:  Press Play to compare analyst ratings for all stocks mentioned above. Analyst ratings sourced from Zacks.


Kapitall's Eben Esterhuizen and Alicia Sellitti do not own shares of any companies mentioned.