Modern buildings don’t just have to look good; they need to function as well. Energy efficiency, sound reduction, and durability are all required features when it comes to modern commercial buildings. And it takes a pretty penny to ensure that these requirements happen. For firms like our latest Best Dividend Capture Pick, which make architects’ and structural engineers’ dreams come true, it can be a huge source of profits and cash flows.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick’s job is providing glass and other structural framing products for commercial properties. It takes a lot of know-how to build/design these solutions for skyscrapers and other large-scale projects. Our pick has been doing so for more than 70 years. And now, with energy savings, retrofits, and other LEED certification requirements being demanded from builders and those looking to upgrade their structures, our pick has been able to feast on higher margins.
The best part is that our pick has continued to find growth amid the recent housing and commercial real estate malaise. While new construction has started to slow, the retrofit market is alive and well. Many existing office, retail, and apartment owners have looked toward upgrading their properties to drive tenants back to their properties.
Moreover, government and state programs designed to improve energy efficiency have provided plenty of grant money and tax savings. This has only served to increase our pick’s backlog and its profits. In fact, it was able to increase its dividend over the last quarter despite the commercial property market’s issues.
These steady profits along with our pick’s high insider ownership have made our pick 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 29, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 6.6 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest industrial glass-maker stock could be a lucrative option.
