10 High Growth Dividend Paying Stocks to Buy

3. Blackstone Inc. (NYSE:BX)

Average 5-Year Revenue Growth Rate: 85.64%

Dividend Yield as of July 7: 2.66%

Number of Hedge Fund Holders: 81

Blackstone Inc. (NYSE:BX) is one of the best high growth stocks. On July 2, Bloomberg, citing sources close to the matter, reported that Blackstone Inc. (NYSE:BX) will take over Vista Equity’s minority position in Cvent Holding Corp for $1.3 billion.

The transaction represents Vista’s total departure from Cvent, following Blackstone’s $4.6 billion buyout in 2023, during which Vista had preserved a minority interest through a non-convertible preferred equity structure.

Vista initially acquired Cvent, a Virginia-based event management software company, in 2016 through a $1.7 billion transaction. During its ownership period, Cvent faced substantial operational challenges stemming from the COVID-19 pandemic, which severely disrupted the global events and hospitality sectors.

The company has regained momentum as the event industry rebounds, with conferences increasingly shifting toward hybrid formats that merge face-to-face and online experiences.

Blackstone Inc. (NYSE:BX) is a global alternative asset manager specializing in private equity, real estate, credit, and hedge fund strategies. The company is involved in many complex transactions including buyouts, growth equity, and structured credit, with a focus on long-term value creation.