12 High Growth Low Dividend Stocks To Invest In

7. Danaher Corporation (NYSE:DHR)

Dividend Yield as of February 24: 0.51%

Number of Hedge Fund Holders: 101

Danaher Corporation (NYSE:DHR) ranks 7th on our list of the best high growth stocks. The company develops and distributes medical, industrial, and scientific products globally. Danaher’s biotechnology division supports therapeutic manufacturing with products like cell culture media, filtration tools, and single-use hardware, while its life sciences segment offers lab automation, genomic medicine, and industrial filtration.

On January 9, Danaher Diagnostics and Danaher Ventures announced a partnership with healthcare AI company Innovaccer to improve precision diagnostics. Innovaccer’s technology helps gather patient records, identify gaps in care, and recognize at-risk patients, making it easier for healthcare providers to deliver better care. Through this partnership, the companies aim to fasten the adoption of AI-driven diagnostics.

In Q4 2024, Danaher Corporation (NYSE:DHR) pulled in $1.1 billion in net earnings, translating to $1.49 per diluted common share. Revenue grew 2% from the previous year, reaching $6.5 billion, with core revenue up by 1%. Cash flow was also strong, with $2 billion in operating cash flow and $1.5 billion in free cash flow. Looking ahead to 2025, Danaher Corporation (NYSE:DHR) expects core revenue to dip slightly in the first quarter but aims for around 3% revenue growth for the full year.

On February 20, DHR declared a quarterly dividend of $0.32 per common share, set to be paid on April 25, to shareholders on record as of March 28, 2025. The company’s current dividend is an 18.5% increase from the prior dividend of $0.27.

According to Insider Monkey’s Q4 database, 101 hedge funds were bullish on Danaher Corporation (NYSE:DHR), compared to 98 funds in the preceding quarter.