Certain products or services are simply must-haves for many businesses. Without them, they simply can’t function. So, for the firms that control and produce these must-haves, vast riches can be found, and that’s just the case for our latest Best Dividend Capture Stocks pick. With a near-monopoly and wide customer-base, our pick has been a champion dividend stock for over three decades!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick is a producer of industrial gasses. Everyone from your local burger joint to semiconductor manufacturers use various gas products in their operations and to create other finished goods. It turns out this is a wonderful business to be in. It takes some hefty infrastructure to produce these gasses and that high barrier to entry has helped our pick produce steady cash flow and profits over the year.
Moreover, our pick has continued to find new ways to grow, including helping design, build and run on-site gas production plants, offering a different set of high-margined revenues. At the same time, our pick’s strength in industrial gasses has put it in the driving seat for the so-called hydrogen economy. Already, our pick is a major producer of the gas, and now with hydrogen being tapped as a new fuel source, our pick has a long runway for cash flow growth.
With that, our pick’s dominant position and future potential have continued to make it a top dividend stock. 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 Friday, 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 5.1 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest materials pick could be a lucrative option.
