With prices for crude oil and natural gas surging amid supply/demand pressures, energy stocks have been hot, hot, hot! It’s easy to see why – profits and cash flows continue to rise right along with prices. And our latest pick for the Best Dividend Capture Stocks List has experienced that in spades!
Our pick is one of the largest independent energy producers in the world. Its size and scope allow our pick to generate billions in cash flows from its portfolio of low-cost assets. And with advances in its drilling technology, our pick continues to see costs-per-barrel fall even further. All of which has made our pick a wonderful dividend payer.
Because of its long history of payout growth, 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 Monday, June 27, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 2.5 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 investors what they need.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
