10 stocks for investors looking for growth and income

When it comes to investment strategies, there are various reasons why “fast growth” and “dividend income” are often considered to be polar opposites.
After all, rapidly growing firms generally channel cash into expansion rather than paying it back to shareholders. And for income-hunting investors, the most dependable dividends are routinely found among predictable but slow-growing large-caps. But is there a happy medium for those looking for the best of both worlds? It turns out there can be.
Back in the early 1990s, the late City businessman Jim Slater, wrote an investment guide called the The Zulu Principle in which he described his strategy of buying fast growing companies trading at reasonable prices. In assessing the investment case of a share, he saw dividends as an important marker. He wrote:
“I prefer companies to pay a dividend, as most institutions need an income stream from their investments. Also, the dividend payment and forecast (if any) to some extent corroborate the management’s confidence in the future. The ideal company will have a steadily increasing dividend growing broadly in line with earnings.”
For Slater, dividend payouts were a sign of management confidence and the expectation that earnings would continue to grow. He wanted to see earnings…