When it comes to growth in the financial sector, thinking smaller is better. Unlike their huge money-center sisters, regional banks are just the right size to grow quickly while still providing hefty dividends and stability. Our latest Best Dividend Capture Stocks List pick is a prime example of that, offering a strong 4%+ yield and a long history of buybacks.!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Originating in Ohio, our pick has smartly used M&A to grow throughout its history. Thanks to those smart buyouts, including some last year, our pick has quickly emerged as one of the largest banks in the Midwest as well as becoming one of the largest regional banks in the entire United States. This has allowed our pick to increase its deposit base and book of loans. And it’s not done yet.
Thanks to size and scope, our pick generates a lot of cash flow for its investors. As such, our pick makes for 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, March 17, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 8.9 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest regional banking pick could be a lucrative option.
