If there’s one constant, it’s that Americans are always on the go. From work to travel, we spend a lot of time behind the wheel. For firms catering to this vast ecosystem of drivers and travelers, the rewards can be great – they can be great for investors as well. Just ask investors in our latest pick for the Best Dividend Capture Stocks List and their latest 8.6% dividend increase!
Our pick is one of the largest owners and operators of convenience stores in the Midwest. Offering fuel, snacks and a morning cup of Joe to motorists, our pick has created stable cash flows across its network of stores. What’s even better is that our pick has become a private label machine – marketing its own brands of fuel and food. This has only allowed our pick to see larger margins and increased profits, even during the pandemic.
With better-than-sector margins and cash flows, our pick is also 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, July 29, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 4.6 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest
retailer has the potential to give you what you need.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
