Why Dividend Paying Growth Stocks Are The Way to Go

Buybacks will not be rewarded as handsomely as dividends going forward, said Samantha Azzarello, global market strategist at J.P. Morgan Asset Management (JPM) - Get Report . 'Investors want and need yield, so companies that are able to grow their dividend are going to be very attractive going forward,' said Azzarello. Azzarello said the Federal Reserve's ultra-easy monetary policy and global central bank actions have skewed traditional indicators in the market. She said the search for yield will likely intensify and this will have implications on how companies use their cash. 'It may skew behavior away from Capex towards giving it back to shareholders,' said Azzarello.