Want Income and Growth? Consider American Tower
As a general rule, investors are forced to choose between income and growth. Growth stocks use all their available capital to grow the business and don't like to spend it paying shareholders; this is especially true when the company has yet to earn enough net income to pay a dividend. Emerging tech companies fit into this category. On the other hand, high dividend payers are typically mature companies in industries that are growing more or less in line with the overall economy. The classic example of this would be a public utility.
Finding both can be difficult but not impossible. One such company is American Tower (NYSE: AMT), which both exhibits double-digit growth and pays a decent dividend.
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Source Fool.com
