Best ASX Dividend Paying Growth Stocks

When the interest rates are rising it becomes expensive for growth stocks to borrow money to fund their expansion and growth. On the other hand, in the low rate environment investors scramble for dividend stocks to switch from cash investments where returns dwindle. However, growth stocks that pay dividends too, remain attractive all the times. Two such stocks are

Telstra Group Limited (ASX: TLS)

Telstra Group Limited releasing its financial results for the fiscal year 2024, concluding on 30 June 2024, reported an increase in Underlying EBITDA of nearly $300 million, representing a growth of 3.7%, bringing the total to $8.2 billion. This increase in Underlying EBITDA positively impacted the Underlying Net Profit After Tax, which rose by 7.5% to reach $2.3 billion.

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