As they say, there are riches in niches. Specialists can be very valuable investments for portfolios. By providing must-have or unique product catalogs, these firms can deliver steady products and rewards for their shareholders. Our latest Best Dividend Capture Stocks List pick is one such example. Over the decades, it’s managed to advance through its specialized focus to deliver nearly 40 years’ worth of consecutive dividend increases!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick’s specialty niche happens to be air filtration. Both through process and regulation, a variety of industries require air filtration in their day-to-day activities and within their own products. It’s here that our pick has made its mark. Today, our pick offers hundreds of products not only for engines, but also for for a wide variety of other industries. This includes the energy, industrial and even aerospace categories.
It’s a great business to be in with its dominating position in air filtration helping it produce billions in sales each year.
As boring as air filtration may seem, there is still growth to be had. Our pick has continued to snatch up smaller players to add to its size and additional revenue generation. Where it gets really exciting for our pick remains its forays into new areas. Thanks to the COVID-19 pandemic, filtration has become a major point of concern for healthcare providers and hospitals, which has imrpoved its sales. Meanwhile, even renewables have helped our pick’s growth. Our pick makes several key products for hydrogen fuel cells and power supplies — both of which could be a great long-term revenue generator for our pick.
With its niche-focused and leading position within the filtration market place, our pick has consistently delivered strong profits throughout its hundred-year history. As such, investors have continued to take notice of our pick — making it 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 13, 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 air filtration pick could be a lucrative option.
