As the saying goes, "an architect’s dream is an engineer’s nightmare.” As structures continue to balance both form and function, the challenges of building in the modern age continue to grow. Luckily, for our latest Best Dividend Capture Stocks List pick it’s up to the challenge and has innovated throughout its long history.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick is a maker of glass solutions for construction and infrastructure projects. It takes a lot of heavy lifting and expertise to design glass for skyscrapers and other structures. And our selection has been doing just that for over 70 years. However, don’t let the simplicity of glass fool you. Thanks to new coatings, designs and building demands, our pick has plenty of growth behind it as well. Energy savings, retrofits and other LEED certification requirements are boosting margins and sales of high-end glass products. This has significantly helped our pick’s bottom line.
It’s also helped dividend investors with a recent 9.1% dividend increase.
With demand for advanced products rising, our pick’s cash flow is as steady as can be, 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 Monday, January 30, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 6.4 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest materials pick could be a lucrative option.