10 High Growth Dividend Paying Stocks To Invest In

4. S&P Global Inc. (NYSE:SPGI)

5-Year Revenue Growth: 16.23%

S&P Global Inc. (NYSE:SPGI) is an American capital market company that mainly offers services in financial information and analytics. In the fourth quarter of 2024, the company reported a 14% rise in revenue compared to the same period last year, while adjusted earnings per share grew 20% to $3.77. It further boosted investor sentiment with a positive forecast for the coming year and unveiled a fresh share buyback initiative. Revenue from the Ratings division jumped 31% year-over-year, driven by increased activity not just in traditional investment-grade and high-yield bonds but also in other loan segments and structured finance products—broadening the company’s revenue mix.

S&P Global Inc. (NYSE:SPGI) generates a significant portion of its earnings through subscriptions, with more than 75% of its revenue coming from recurring sources. This model provides a cushion against market fluctuations, especially in the debt issuance sector, where the credit ratings arm plays a central role. Meanwhile, its Market Intelligence division, which offers financial analytics and data, along with the Indices and Commodity Insights businesses, add to the company’s reliable revenue stream.

S&P Global Inc. (NYSE:SPGI) also demonstrated a strong cash position. For full-year 2024, operating cash flow climbed to $5.7 billion, up from $3.7 billion in 2023, while free cash flow increased to $5.27 billion from $3.2 billion the year before. This financial strength allowed it to return $1.1 billion to shareholders through dividends. Currently, it offers a quarterly dividend of $0.96 per share for a dividend yield of 0.86%, as of April 8. The company maintains a 53-year streak of dividend growth.