The combination of higher home prices, stricter lending standards and a lack of supply has many homebuyers feeling stuck. While that’s a shame, it’s been a boon for the owners of apartments since the Great Recession. And that includes our latest pick for the Best Dividend Capture Stocks List.
Our pick is one of the largest apartment complex owners in the nation, with over 100,000 units under its belt. Key is that our pick has spent the last few years right-sizing the company and focusing its portfolio on high-growth areas of the country. This refocusing has allowed for strong rent growth while providing ample cash for over a decade’s worth of dividend growth.
Because of this, 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, April 13, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 2.6 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest apartment real estate 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.
