Risk is all around us. And the nature of risk continues to evolve as times change and our society modernizes. For businesses, enterprises and individuals, protecting themselves against those risks is a big deal. For firms that offer risk management products, it means a steady stream of profits. Our latest Best Dividend Capture Stocks List pick is a prime example of this. Thanks to its long history, our pick has continued to provide plenty of dividend boosts for its shareholders, including its latest 2.9% increase.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
On the surface, our pick is like many insurance stocks offering policies covering a wide range of risks. The key is that our pick has continued to prune its portfolio and focus on more specialized risk controls, including warranty insurance, property damage, theft, supply chain insurance and data analytics services for risk control. These specialty business lines of insurance come with hefty margins and have continued to boost our pick’s fortunes over the years.
Our pick has continued to find growth as various end-users look for new ways of insuring their risks. The continued adoption of technology products for retail and enterprise has driven growth among its tech offerings, while rising theft/shrinkage issues have boosted other business lines. Meanwhile, our pick has dove headfirst into custom solutions for its customers adding tailored products to cover a wide range of evolving risk needs
The bottom line and its float have only been enhanced by the Fed’s continued path to higher rates.
With its niche risk management products, our pick has continued to generate hefty cash from its operations. That fact has also made our pick 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, November 24, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 12.4 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest risk management pick could be a lucrative option.
