5 Growth Stocks with Decent Dividend Yields

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 138    

Forward Dividend Yield: 0.58%  

Apple Inc. (NASDAQ:AAPL) features on our list of growth stocks with decent yields because the firm is one of the largest growth firms in the world with a business model that is likely to churn out a steady stream of revenue for years to come. As such, the dividend payouts of the firm are likely to be regular and might even grow with the passage of time, a trait not normally associated with growth offerings. 

Apple Inc. (NASDAQ:AAPL) offers the best of both worlds, solid dividends and reliable growth. Legendary investors like Warren Buffett also value the stock a great deal. The firm has a market capitalization of more than $2.4 trillion. 

At the end of the second quarter of 2021, 138 hedge funds in the database of Insider Monkey held stakes worth $145 billion in Apple Inc. (NASDAQ:AAPL), up from 127 in the preceding quarter worth $131 billion.

In its Q1 2021 investor letter, Distillate Capital, an asset management firm, highlighted a few stocks and Apple Inc. (NASDAQ:AAPL) was one of them. Here is what the fund said:

“Apple is an even more notable situation and one that highlights our free cash valuation methodology and bears further discussion given its Q3 ‘20 sale from our strategy. For an extended period, Apple was extraordinarily inexpensive on a free cash flow basis and was the largest position in our strategy, exceeding 5% of the portfolio.”