When it comes to dividend stability, a combination of both boring and growth businesses often produces the best results – investors get steady cash flows from one side, while the other provides plenty of extra bonuses. Our latest Best Dividend Capture Stocks List pick is a perfect example of this in action.
Our pick is one of the largest medical device firms in the world. Its product portfolio spans both low- and high-tech items. One-use devices like syringes and tubing provide a base of steady cash flows, while more advanced heart, diabetes and other life-science equipment produce higher margins and extra profits.
Because of its long history of stability and growth potential, 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, June 8, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 3.5 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest healthcare 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.
