When it comes to dividend investing, certain sectors are known for their stability – one of which is the consumer staples sector. Thanks to steady demand for laundry soap, toothpaste and toilet paper, stocks within the sector typically are dividend champions, with long histories of increasing their payouts. And that’s certainly been the case with our latest pick for the Best Dividend Capture Stocks List!
Our pick is one of the largest consumer products firms in the world. With a strong niche of top brands, our pick has been able to grow its cash flows and reward shareholders for nearly six decades straight. Key has been our pick’s focus on the “middle-market” of consumer brands, allowing it to avoid many of the pitfalls of constrained economic environments.
Adding in new moves to provide premium versions of its products, as well as natural versions, our pick has gained additional revenues and profits. As such, 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, July 20, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 2.9 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest
consumer staples 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.
