As the saying goes, “There are riches in niches!” Specialists are often able to realize huge profits and sales as they hone in on certain markets or products. This is very true in the industrial space. Take our latest Best Dividend Capture Stocks List pick for example. Our new pick has dominated its niche since the 1920s, rewarding shareholders with over 25 years’ worth of consecutive dividend increases!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick’s niche? Fluid management.
Whether you’re moving peanut butter into jars on an assembly line or moving jet fuel into an engine, it takes a lot of muscle to get the job done. With plenty of products covering pumps, valves, tubing, and other needs, our pick is one of the biggest players in fluid management. That long-term dominance has provided our pick with steady rising earnings throughout its history. And now, with onshoring regaining steam and firms looking to beef up domestic production, demand for our pick’s products have skyrocketed.
Given our pick’s lead in its niche and rising demand, our pick generates a lot of cash flows for its investors. As such, our pick 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 Friday, April 14, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of two days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest industrial pick could be a lucrative option.