ASX Dividend Stocks with Potential for Growth

Out of ASX listed companies, there are certain high dividend stocks with potential for growth in the long term.

GR Engineering Services Limited (ASX: GNG)

GR Engineering Services Limited (ASX: GNG) reported FY24 revenue of $424.1m (vs. $551.4m in FY23) and EBITDA of $50.9m (up from $44.4m), reflecting strong operational performance despite a lower revenue base. Key project completions included the Thunderbird Mineral Sands Project, Bellevue Gold Project, and Cosmos Nickel Concentrator Facility Upgrade. GR Production Services maintained critical contracts with Santos, INPEX, and Eni, while Mipac and Paradigm delivered for major repeat clients, including BHP, Rio Tinto, and Glencore Technology.

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