Yes, it is one of the easiest ways of raising queens for expansion. I usually try to use more than one per split, as there are most times 6 or more swarm cells in the hive. If they are on more than one frame, I take that frame, one frame of pollen, one of honey, and two of brood. Five frames in a nuc. Then I take the queen and frames of honey and pollen, leave it on the original site, and she will have more hatching before the field bees expire. That turns one hive into three.
That is just one of a dozen ways that will work. Others may chime in with their methods.