While it gets falsely attributed to Steve Jobs, the quote “Do one thing and do it well” has a lot of merit, particularly when it comes to businesses. Specialists can dominate their niches, produce ample cash flows, and grow in size and scope. all while rewarding their investors in spades. That’s just what our latest Best Dividend Capture Stocks List pick has been since its spin-off back. With three years worth of dividend growth under its belt, our pick has quickly become a top name for dividend hunters!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
The niche our pick dominates? Not high-tech semiconductors or the latest AI technology. Think something humbler. Our pick is one of the largest growers and producers of potato products. It turns out this is a hugely fertile and profitable niche. Americans—and increasingly the world—eat a lot of fries and our pick happens to supply them. It’s boring and steady, leading to plenty of strong cash flows for our pick.
The best part is that fries, hash browns, and other potato-based foods remain pretty recession resistant. Demand is steady no matter what the economic environment. And with experiences/dining spending still going strong, our pick has seen its cash flows surge!
Given its steady niche, our new selection 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 Thursday, May 4, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of six days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest frozen food pick could be a lucrative option.
