Investors often look for two main types of stocks: growth stocks and value stocks. Growth stocks are those of companies that are getting bigger and making more money. Value stocks are steadier and often pay dividends, which is money paid regularly to shareholders from the company’s profits.
Most of the time, you have to pick one type or the other. But sometimes, you can find stocks that do both—they grow and pay dividends. These stocks are rare but can be a great addition to your investment portfolio.
Here are 9 Growth Stocks That Also Pay Dividends. Each of these stocks pays a dividend yield of at least 2.5%, which is higher than the average dividend payment from most stocks.
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9 Growth Stocks That Also Pay Dividends
- Archrock Inc. (AROC)
- Market Capitalization: $3.1 billion
- Dividend Yield: 3.2%
- About the Company: Archrock is based in Houston and works in the natural gas industry. It designs and services equipment to help store and move natural gas. The company’s business is steady, and it recently increased its dividend payment. Archrock is growing, with expected revenue growth of 10% this year and even higher profit growth in the coming years.
- Arcos Dorados Holdings Inc. (ARCO)
- Market Capitalization: $2.0 billion
- Dividend Yield: 2.5%
- About the Company: Arcos Dorados, which means “Golden Arches” in Spanish, operates McDonald’s restaurants in Latin America. It has exclusive rights to run these franchises in 20 countries. The company benefits from a growing middle class in these regions, leading to increased revenue and profits.
- Baker Hughes Co. (BKR)
- Market Capitalization: $33.4 billion
- Dividend Yield: 2.5%
- About the Company: Baker Hughes is a major player in the energy sector, offering services for oil and gas drilling and production. The company is growing, with revenue expected to increase by 5% to 10% this year and next. Profits are also rising, making it a strong investment choice.
- Essential Properties Realty Trust Inc. (EPRT)
- Market Capitalization: $4.9 billion
- Dividend Yield: 4.1%
- About the Company: This real estate company focuses on single-tenant properties, like car washes, daycare centers, and medical offices. As a real estate investment trust (REIT), it must pay out 90% of its taxable income as dividends, which means good payouts for investors. The company is also expanding, with revenue growth expected to be around 20% in the next two years.
- Extra Space Storage Inc. (EXR)
- Market Capitalization: $32.5 billion
- Dividend Yield: 4.2%
- About the Company: Extra Space Storage is the largest self-storage company in the U.S., with millions of rental units. It is growing fast, especially after acquiring a competitor, Life Storage. This expansion is expected to boost revenue by 30% this year.
- Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI)
- Market Capitalization: $3.3 billion
- Dividend Yield: 5.6%
- About the Company: Hannon Armstrong invests in sustainable energy projects like wind and solar power. This is a growth area as more people and businesses switch to green energy. Although its stock price can be volatile, the company offers high dividends and recently increased its quarterly payout.
- Inter Parfums Inc. (IPAR)
- Market Capitalization: $3.7 billion
- Dividend Yield: 2.4%
- About the Company: Inter Parfums makes and sells perfumes and cosmetics for well-known brands like Coach and Jimmy Choo. The company is growing, with revenue expected to increase by about 10% this year. It also raised its dividend payment, making it an attractive stock for investors.
- Opera Ltd. (OPRA)
- Market Capitalization: $1.2 billion
- Dividend Yield: 5.8%
- About the Company: Opera is a tech company based in Norway. It offers web browsing services, news, video games, and e-commerce platforms. The company is growing, with revenue expected to rise by 15% in the next two years. Despite only paying dividends twice a year, the yield is high.
- Trinity Industries Inc. (TRN)
- Market Capitalization: $2.4 billion
- Dividend Yield: 3.8%
- About the Company: Trinity makes and leases railcars. It has been in business since 1933 and is well-respected in the industry. The company’s earnings are set to grow significantly, with profit growth expected to jump more than 10% this year and over 30% in 2025.
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Conclusion
These nine stocks are unique because they offer both growth potential and good dividends. This means you can benefit from the company’s increasing value and get regular income through dividends. Investing in these stocks can be a smart way to grow your money while also earning a steady income.