Managing employees is a full-time job in itself. From benefits and payroll management to training and human risk management, there’s a lot that goes into human resources. For small and medium-sized businesses, it’s often easier to get outside help to get the job done right. And our final pick from the list of best dividend-capturing stocks does the job for over 2 million employees! You can grab our final pick before Monday, December 5, when it will be ex-dividend with a quarterly dividend of $0.52 per share.
Our choice offers a wide range of human resources and administrative services to small and medium-sized businesses. This often underserved sector of the economy is too big to be served by online solutions, but not big enough to have real in-house HR teams. By subcontracting to our choice, they can obtain real HR needs. For our choice, this is equivalent to cash flows guaranteed by long-term contracts.
The bottom line is that our pick is also a great dividend-capturing game. A dividend capture strategy is to buy a stock before its ex-dividend date and then sell it after collecting the payment. With an ex-dividend date of Monday, December 5, our choice is primed for the strategy, as evidenced by its historical record of a period of recovery in an average of 3 days after the ex-dividend period.
For investors looking for quick total income and capital appreciation, our latest HR pick could be a lucrative option.
You can consult the List of Best Dividend Capture Stocks to explore all stocks.