Few sectors offer investors both growth potential and hefty income. The healthcare sector does. It provides strong demographic trends, growing cash flows, and high-tech innovation. Many healthcare stocks deliver the right mix of growth and income to power portfolios for years. Our latest Best Dividend Capture Pick exemplifies this.
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Our pick ranks among the world’s largest medical device firms. It cut its teeth in cardiology in the 1960s and expanded into other medical sub-sectors. Today, its product catalog covers urology and diabetes products to advanced neuroscience and surgical needs, driving its cash flows and growth curve since its founding.
Additionally, our pick has expanded into new medical device areas due to its focus on innovation. These include robotic surgery and artificial intelligence (AI) for monitoring and patient outcomes. More than 170 products sit in clinical trials, offering room for advancement. These advanced products bring higher margins and reimbursement rates for stronger profits. Our pick also uses M&A and spin-offs to boost growth. A major spin-off of a slow division will surge its growth rate.
Meanwhile, our pick also delivered top dividend performance for nearly 50 years.
Growth and a long history of dividend increases make our pick a great dividend capture play. A dividend capture strategy buys stock before the ex-dividend date and sells after payout recovery. Our selection aligns with the strategy, featuring an ex-dividend date of Friday, December 26. Historically, this stock typically recovers within 12 days following the ex-dividend date.
Investors seeking total return from income and capital appreciation will find our latest medical device pick lucrative.
