Inflation has been a tough nut to crack for a variety of firms and consumers. Higher prices have continued to dent profits and raise costs across the line. However, not all market participants are suffering. In fact, some are thriving. And that includes our Best Dividend Capture Stocks List pick and its investors!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick operates in the agricultural commodities sector. The trick is that our pick doesn’t just harvest corn, wheat, or sugar cane. It takes these raw commodities and uses them to create ‘value-added’ ingredients. These various ingredients, sweeteners, thickeners, and other food-based products are used by a variety of industries and form the basis for many foods, consumer products, and household goods. Without them, many other firms can’t produce their products. That fact allows our pick to have plenty of pricing power.
With that pricing power and must-have status for many of its products, our pick generates a lot of cash flows 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 Friday, March 31, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 2.5 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest agricultural pick could be a lucrative option.
