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5 US Growth Stocks That Reported Higher Profits Along with Increased Dividends
By The Smart Investor  •  June 27, 2024
Adding growth stocks to your portfolio is a great way to enjoy long-term compounding. As these businesses steadily grow their profits and cash flows, you can enjoy sweet capital gains as their share prices rise in tandem. That said, some growth stocks also pay out dividends, thereby giving investors the best of both worlds. And as profits increase over the years, these dividends should also rise. Here are five attractive US growth stocks that not only enjoyed increased profits but also upped their dividends. ResMed Inc (NYSE: RMD) ResMed is a medical device and digital health technology company that deals with sleep apnea, COPD (chronic obstructive pulmonary disease), and other chronic diseases. The company’s devices and software help to reduce the impact of chronic diseases on patients and healthcare systems in more than 140 countries. Revenue for the first nine months of fiscal 2024 (9M FY2024) ending 31 March 2024 rose 12% year on year to US$3.5 billion....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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