If the COVID-19 crisis accomplished one thing, it underscored the importance of health and wellness. These days, consumers and enterprises are now more focused on their health. And that has benefited our latest Best Dividend Capture Stocks List in spades. With nearly a 16% dividend growth over the last 3 years and a current 1.61% yield!
The reason for this success is that our pick is one of the largest health insurers in the nation, covering a wide range of plans for individuals and organizations. Its huge scope has allowed our pick to generate billions in premiums and create significant cash flows from its investments. Meanwhile, data mining and technology have helped improve underwriting profits.
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 Friday, September 9, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 1.1 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest healthcare pick could be a lucrative option.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
