5 Dividend Stocks With Growth Potential to Bet On

A history of dividend growth year over year leads to a healthy portfolio with a greater scope of capital appreciation as opposed to simple dividend paying stocks or those with high yields. Although these stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock. As a result, picking dividend growth stocks appear as winning strategies when some other parameters are also included. Here are five of the 16 stocks that fit the bill...

California-based Avery Dennison Corporation (AVY) is a global leader in pressure-sensitive label and functional materials and labeling solutions for apparels. Ohio-based Owens Corning Inc. (OC) is a world leader in building materials systems and composite solutions. Oregon-based Columbia Sportswear Company (COLM) is a global leader in design, sourcing, marketing and distribution of active outdoor apparel and footwear, with operations in North America, Europe and Asia. California-based Intel (INTC) is one of the world's largest semiconductor chip maker. Louisiana-based H&E Equipment Services Inc. (HEES) is one of the largest integrated equipment services companies in the United States with full-service facilities throughout the Intermountain, Southwest, Gulf Coast & Southeast regions of the United States.

Source: Zack's

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