One of the best ways to make money is to find a problem and develop a solution to solve it. Our latest Best Dividend Capture Stocks List pick has been filling a very unique niche since the 1970s. And in doing so, investors have been treated to a long history of dividend increases, buyback growth and overall strong returns.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
The problem at hand remains onsite housing, offices and other temporary needs for schools, construction and energy firms. Our pick just happens to be the largest provider of rentable modular buildings and storage. These buildings are very low cost to maintain and can be placed anywhere to provide housing for workers, office space and onsite storage solutions. For our pick, the nature of the business provides plenty of high margins and extra fees depending on location.
Because of the steady nature and strength of the firm’s cash flow, 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 Friday, January 13, 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 modular building pick could be a lucrative option.