Have Your Cake and Eat It, Too

• Verizon (VZ) (4.3% dividend, 55% growth). While the growth rate over the next five years will most certainly slow, Verizon is still a powerhouse in this space, with growing national brand recognition. And who knows, it may be the first to succeed in providing the telecommunications trifecta of voice, data and media from a single provider on a single bill.
• Microchip Technologies (MCHP) (2.9% dividend, 29% growth). It isn't easy to find qualifiers in the tech space. The growth story is there, but most pure tech firms, even the big ones, pay little to no dividends. Microchip is a very profitable custom-integrated circuit manufacturer with a diverse customer base, supplying the guts for specialized applications in the automotive, security, medical equipment and industrial-controls industries.

You might be wondering why some of the traditional dividend payers, like utilities and energy companies, aren't on this list. Well, most do not meet the growth criteria. Does this mean they are bad investments? Heck no, but the growth story adds a very real kick to my picks.

So get out the party hats and dish up the ice cream. You can have your cake and eat it, too. And that's what we like in The Millionaire Zone.

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