These days, it’s all about stability. With economic worries persisting and inflation still running high, investors have turned their attention to “safe” sectors and stocks. And you can’t get much more secure than our newest Best Dividend Capture Stocks List pick. The firm’s products are found in homes all around the world, allowing our pick to generate significant cash flow, which it has managed to share with investors for the more than 60 years. This includes its latest 2% dividend increase!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick operates in the consumer and household products sector, and many of its brands lead their categories. Consumers need to brush their teeth and wash their dishes no matter the economic environment, providing our pick with plenty of steady revenues and profits. The real win is that our pick operates in the middle market and is, for the most part, immune to consumer whims, providing it with plenty of pricing power. That power has only increased as it has moved up and down the value chain with new versions of its products at different price points.
Given our pick’s dominance in consumer care and the stable nature of the consumer staples sector, our pick provides steady-eddy returns for 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, April 20, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of three days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest consumer staples pick could be a lucrative option.
