Consumer staples have long been prized for their safety and steady dividend payments during times of duress. After all, we still need to brush our teeth and wash our clothes no matter what the economy is doing. This makes the sector a top choice for conservative investors and income seekers. And our latest Best Dividend Capture Stocks pick has been delivering on that front for decades.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick is one of the largest personal care and household goods producers in the world. With numerous top brands, our pick generates some serious cash flows and has been able to pay a steadily increasing dividend for over 60 years. The secret remains its focus on the sweet spot. By offering products that straddle the line between value and premium price points, our pick has been able to court the most consumers. Better still, it’s able to keep them during good times and bad.
With many consumers feeling the pinch of inflation, demand has remained steady for our pick, allowing it to produce plenty of cash flow for its investors. As such, our pick makes for 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, July 20, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 1.9 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest personal care and household product pick could be a lucrative option.
