While the pandemic is well in the rearview mirror, some of its effects continue to linger. A big one remains our supply chain and global trade. Getting goods from here to there remains a constant issue, with many firms taking drastic measures to ensure they have the products they need. The big winners in all of this continue to be the various logistics firms. And our latest Best Dividend Capture Stocks List pick happens to have a very lucrative niche in the supply chain.
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Our pick is a logistics firm offering container shipping services. Its fleet of boats shuttle goods back and forth between various ports around the world. The key is that our pick focuses on emerging Asia. Based out of Hawaii, our pick provides a vital linkage between Alaska, Guam, Japan, China and Southern California. These ports of call remain top destinations for manufacturing and raw goods for the global economy. Our pick has continued to exploit this niche for the benefit of its shareholders.
Growth at our pick can be found not only in rising demand for its services, but also in the continued expansion of its services. While our pick’s focus is on ocean shipping, it also has a huge intermodal highway brokerage and rail services. Expansion into warehousing and other storage options for end-users has also helped boost cash flow as firms look to on-shoring and beefing up their logistical needs.
For investors, our pick’s focus on emerging Asia and key ports in the Pacific have made it a steady player in the shipping industry. This fact has 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 Wednesday, November 8, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 2.1 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest logistics pick could be a lucrative option.
