We all know that insurance is a ‘boring’ industry by definition – but that doesn’t mean it’s not profitable. Many of the global insurance giants feature huge cash flows, strong dividends and wide moats. Because of this, they also provide plenty of strong short-term returns as well. And that includes the latest prospect on our Best Dividend Capture Stocks List.
Our pick is one of the largest insurance brokers, risk management consulting, and reinsurance stocks on the planet. Its size has long provided our pick with strong cash flows and earnings throughout its history. Recent portfolio pruning has only strengthened the firm’s future.
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 Wednesday, January 26, 2022, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of one day after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest insurance pick has the potential to give you what you need.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
