It’s hard for even full time investors to keep on top of the mountain of company profit results which are released in August.

To help you narrow down the list of company reports you could read, here are two company results that I think you should read.

APA Group (ASX: APA)

For a market obsessed with infrastructure stocks like Sydney Airport Holdings Ltd (ASX: SYD) and Transurban Group (ASX: TCL), it’s strange that the $10.5 billion pipeline infrastructure owner APA group doesn’t garner more investor attention.

This “under-the-radar” scenario could provide an opportunity for savvy investors.

APA’s results were strong thanks largely to recent acquisitions. For the 12 months ending June 30, revenue grew 48% to $1.66 billion, operating cash flow increased 58% to $862 million and distributions expanded 9.2% to 41.5 cents per share.

APA owns an appealing suite of pipeline assets which are primarily operated under long term contracts and provide both reliable earnings and dividends to shareholders.

With management having identified $1.5 billion of near term organic growth opportunities, APA’s dividend yield of 4.4%, coupled with its growth strategy looks a compelling proposition for long-term investors.

Steadfast Group Ltd (ASX: SDF)

Identifying dividend stocks for your portfolio shouldn’t just be about calculating the current yield, rather it should also be about identifying companies with the ability to pay growing dividends.

Insurance broker is one such company which looks to meet this aim.

With a business strategy based on consolidation of the fragmented insurance broking market, Steadfast saw a substantial uplift in business across its network in FY 2016 thanks to multiple recent acquisitions.

These acquisitions led to significant growth in revenue (up 54%), underlying profit (up 45%) and underlying cash earnings per share (up 12%).

Importantly, the earnings growth allowed the board to increase the full year dividend by 20% to 6 cents per share fully franked.  While this equates to a yield of just 2.8%, with management providing guidance for further profit growth in FY 2017 there is a high likelihood the dividend will continue to trend higher.

An even better bet than APA and Steadfast?

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Motley Fool contributor Tim McArthur has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.