We live in an ever more connected world. And while much of that connectivity is coming via wireless means, there are still plenty of wires, sensors and antennas behind the scenes running the show. This fact has been gold for our latest Best Dividend Capture Stocks List pick over its long history.
Our pick is one of the largest producers of electronic components that allow for connectivity, including cables, circuit boards, connectors, RF antennas, and other similar products. Not as sexy as semiconductors, but these products still fill a vital niche in a variety of end uses, including server farms and cloud computing. Without these “boring” pieces of technology, most of modern life can’t happen. And in that, our pick is a cash flow champion.
The end result is that 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 Monday, December 19, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of one day after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest pick could be a lucrative option.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
