The energy sector is red-hot. Thanks to rising geopolitical pressures, supply issues and surging demand, firms in the sector have once again become cash flow machines. Our latest pick for the Best Dividend Capture Stocks List is one of the best.
Our pick is an independent producer of oil and natural gas. Thanks to a smart transition during the lean years, our pick has boosted its share of low-cost, high-margined shale plays, allowing it to reap plenty of benefits as oil and natural gas prices have surged to new record highs. And with its new variable dividend policy, investors have profited handsomely.
Because of its newfound growth and its ‘base plus variable’ dividend policy, 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, June 10, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 6.5 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest energy pick has the potential to give you what you need.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
