Advanced machinery and technologies need advanced parts. For those firms that produce these products, it can lead to plenty of steady cash flow and profits. After all, the stores that provided all the picks & shovels during the gold rush got rich. Providing those picks & shovels today is our latest Best Dividend Capture Stocks pick, generating eight years’ worth of steady dividend growth for its investors.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Created via a series of spun-outs and mergers, our pick has grown into a powerhouse in the advanced materials and sealing sectors, with it producing everything from high pressure gaskets to materials used in semiconductors. With a wide range of advanced products, our pick’s customers include the aerospace industry, chip producers, life sciences, power production and even heavy-duty trucking. Thanks to its huge catalog of products and wide customer base, our pick has continued to realize steady demand throughout his history.
Growth from our pick has come from new initiatives into faster-moving sectors as well as M&A. Our pick has long been an acquirer of smaller players to gain footholds in new markets. With that, our pick has continued to rack up plenty of growing cash flow. 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 Tuesday, August 29, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 6.7 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest advanced sealant and materials pick could be a lucrative option.
