The pandemic cast a bright spotlight on the healthcare sector, by increasing demand and underscoring the need for continued innovation in the industry. As such, investors have clamored after several firms in the sector. This makes them powerful picks for the Best Dividend Capture Stocks List, and our latest selection is one of the best!
Our pick is one of the largest providers of infusion products in the healthcare industry. This includes everything from simple IV fluids to more advanced renal and drug delivery products. Thanks to its top position in the sector, our pick has become the go-to name for hospitals, clinics and doctor’s offices worldwide. And in that, our pick has continued to see rising sales, surging cash flows and plenty of profits.
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 Thursday, February 24, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 4.3 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.