10 High Growth Forever Dividend Stocks To Invest In

1. Comfort Systems USA, Inc. (NYSE:FIX)

5-Year Revenue Growth: 21.86%

Comfort Systems USA, Inc. (NYSE:FIX) is a Texas-based company that offers mechanical and electrical contracting services. The bulk of the company’s revenue is generated through new commercial construction projects. However, maintaining existing systems and upgrading older ones also play an important role in its operations. Given the historically fragmented nature of the industry, the company has made acquisitions a core part of its strategy. Between 2007 and 2023, it allocated an average of $82.5 million per year toward acquiring other businesses—accounting for roughly three-quarters of its overall capital deployment during that period.

In the fourth quarter of 2024, Comfort Systems USA, Inc. (NYSE:FIX) reported revenue of $1.87 billion, which showed a 37.5% growth from the same period last year. The company’s net income came in at $145.9 million, up from $91.6 million in the prior-year period. Its cash position also came in strong, as it ended the year with $550 million available in cash and cash equivalents, compared with $205 million in 2023.

Comfort Systems USA, Inc. (NYSE:FIX) generated $210.5 million in operating cash flow, and its free cash flow came in at $171.7 million. In February, the company declared a 14.3% hike in its quarterly dividend to $0.40 per share. Through this increase, the company achieved its 13th consecutive year of dividend growth. The stock supports a dividend yield of 0.46%, as of April 13.

Overall, Comfort Systems USA, Inc. (NYSE:FIX) ranks first on our list of the best high growth stocks that pay dividends. While we acknowledge the potential of FIX as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than FIX but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the dirt cheap dividend stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.