The "growth versus dividend" debate is eternal. The good news, however, is that with the three stocks listed below, you can get the best of both worlds: a recurring dividend payment as well as a good return. All three stocks have been high performers in 2019 and could continue to be next year too.
Target (NYSE: TGT) has done a phenomenal job of creating value for its shareholders this year. Through the first eight months of the year it has risen by more than 60%. The retailer got a big boost in August when its Q2 results beat expectations, and the company raised its guidance for the year. Same-store sales growth of 3.4% continue to look strong, as the retail industry does not appear to be in bad shape despite concerns about a possible slowdown in the economy.
In addition to strong stock returns thus far, shareholders also earn a good dividend from the company, which yields 2.4% per year. It's a modest payout but one that's been growing over the years. A dividend aristocrat, Target has increased its dividend payments for more than four decades, with its latest increase being a 3.1% hike.