Selections for Growth and Income: H.J. Heinz Company (HNZ), Tupperware Brands Corporation (TUP) and More

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British American Tobacco (NYSEMKT:BTI)

Tobacco stocks are known for consistent dividends and British American typically offers generous payouts. In fact, BTI yields around 4.1% and is consistently raising its distribution. Plus, the company’s earnings profile is sound. Share net could well advance 10% in 2013 behind volume gains and accretion resulting from a share buyback program. In all, BTI is a solid addition to any current income portfolio.

Conclusion

The equities of dividend-paying stocks that also have growth potential might well be in favor even as the market takes on heightened levels of risk this year. This is seen in the price run ups of the likes of HNZ and TUP last year. If you are seeking relatively safe investments offering income streams and likely capital appreciation, such stocks are worth purchasing and holding.

The article Selections for Growth and Income originally appeared on Fool.com and is written by Damon Churchwell.

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