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While many ASX investors have a preference when it comes to prioritizing capital growth or dividend income from their ASX shares, I often find that the best ASX shares offer both. After all, a company can only afford to pay increasing dividends if its profit pool (from which dividends are paid) is also increasing. Best of all, ASX giants can continue to deliver returns for years, or even decades.
So today, let’s talk about two of the exciting ASX giants that I think will provide investors with substantial growth and returns for decades to come.
2 ASX giants to buy today for both growth and profit
TECHNOLOGY LIMITED (ASX: TNE)
Technology is an ASX 200 tech stock that operates in the software space. Its enterprise software products are extremely popular in the government, education and commercial markets in Australia. The company is also pushing its expansion overseas, with promising results so far.
Technology is known as an ASX growth stock. During its 2025 fiscal year alone, the company reported a 17 percent increase in net profit after tax to $137.6 million, as well as a 16 percent increase in earnings per share (EPS) to 43.13 cents.
But technology also has a profitable growth, and that’s a tall order. Including the company’s customary special dividend, its earnings increased to 36.6 cents per share in fiscal 2016 from 9.45 cents per share in fiscal 2016. This is an annual growth rate of 16%.
Given the popularity of the company’s products and its ambitious growth plans, it looks like the technology could be a winner for decades to come.
WASHINGTON H. SOUL PATTINSON AND CO. LTD (ASX: SOL)
Next, we are a more mature company in the belly of the soul. The stock is an ASX 200 veteran, having opened its doors more than a century ago. But that long history doesn’t mean how soul-mates can generate meaningful growth and income for their investors.
The company owns and operates a broad underlying portfolio of investments ranging from ASX shares and venture capital to property and private credit.
According to a recent shareholder offering, the company delivered a total shareholder return (dividends plus growth) of 13.7% per annum over 25 years to 23 September 2025.
Soulpets is famously an ASX profitable royalty, holding the ASX’s longest streak of consecutive annual dividend growth. The company has increased its payout every year since 1998.
Past performance is never a guarantee of future results. But there’s something to be said for delivering such impressive results over such a long period of time.
I think it is highly likely that this stock will continue to deliver both growth and profits for decades to come.
