Hey, Growth Investors, Here's a Dividend Stock You Might Love
Growth and income generally don't go hand in hand. As a rule, companies that are in growth mode are plowing excess cash into expanding the business and making investments. Companies that are at maturity (in other words, growing with the economy) often throw off cash and distribute it to shareholders either via dividends or buybacks.
If you're looking for an investment that combines income and growth, start with a real estate investment trust (REIT) -- these companies must distribute most of their earnings as dividends no matter how strong their sales are. One growth stock that also pays a decent dividend is cellphone tower REIT American Tower (NYSE: AMT).
Source Fool.com
