Even though the COVID-19 pandemic may now be in the rearview mirror, many firms are still trying to pick up the pieces and navigate the virus’ impact on how we work and play. And one of the biggest issues is our fragile supply chains. Headaches caused during the pandemic are still working themselves out. That fact happens to be wonderful news for our Best Dividend Capture Stocks List pick and its investors!
You can check out the Best Dividend Capture Stocks List to explore all the stocks.
Warehouse demand continues to surge as firms look to beef up inventories and take advantage of omnichannel/just-in-time sourcing. This demand continues to boost our pick’s sales. As one of the largest producers of warehouse equipment, barcode readers, labels and other logistics supplies, our pick is quickly becoming the go-to in the current supply chain war. For investors, that fact has our pick continuing its pace of dividend increases for nearly 40 years!
With supply chain woes not abating anytime soon and our firm moving into more lucrative software/services revenue, our pick generates lots 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 Thursday, April 6, our pick is primed for the strategy, as is evident from its historical track record of a recovery period within an average of 3 days after going ex-dividend.
For investors looking for a quick total return of income and capital appreciation, our latest warehousing pick could be a lucrative option.
