When it comes to consumer products, it’s all about branding. If you can create a top brand that consumers crave through thick and thin, you can profit and reward your shareholders. And that’s just what our latest Best Dividend Capture Stocks List has done time and time again. The end result is decades’ worth of dividend growth and a current yield of 2.5% that investors can get by trading before Thursday, September 1.
Our pick is one of the largest snack food and beverage producers in the world with several multi-billion brands under its umbrella, which have continued to churn out plenty of cash flow for our pick and support its rich dividend. Better still is our pick has been able to transition these brands into tangential products to fuel additional growth. Adding a dose of natural and healthy snacks to its arsenal has only boosted its cash flow further.
Because of this hefty cash flow, our pick is also a great dividend capture play. A dividend capture strategy involves buying a stock before its ex-dividend date and then selling it after it has recovered the payout. With an ex-dividend date of Thursday, September 1, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 7.1 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest consumer pick could be a lucrative option.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
