Best of both worlds: profits and dividends

A growth company is expected to grow faster than the market. It is able to do so by investing its profits back in the business. Hence, it generally doesn't pay high dividends. But here are companies that have accomplished this almost impossible task. They have increased their profits and revenues by at least 10 per cent and also have dividend payouts of more or less over 50 per cent over the last three years. Thyrocare Technologies Thyrocare is a disruption story in the healthcare sector. Having an asset-light business model that sets it apart from the rest, the company has kept its focus more on the business-to-business segment by providing its services to other local laboratories and hospitals. Instead of establishing laboratories across the country, Thyrocare airlifts samples from every corner of the nation to its central processing laboratory, which is fully automated and works 24x7. Thus, it is able to focus on scale and volumes while keeping costs down. This setup has kept its capital expenditures low, enabling it to grow and distribute dividends as well. Nestle One of the largest FMCG companies in India, Nestle has a number of powerful brands, such as Cerelac, Nan Pro, Kitkat, Milkmaid and Maggi in its kitty. In 2015, the company ran into trouble when Maggi was declared unsafe. Although the company initially faced a severe loss, the product was relaunched and quickly regained its lost market share. This was also a time when several other companies were in line with their instant noodles. However, the brand strength of Maggi and other Nestle products was such that it was very h