Capital Gains vs High Divi - Why not both?

In line with this topic, I find that traders are often split on this topic. In a veryvery layman way of putting it

Chasing capital gains = usually investments in high growth stocks/industry

Dividends = usually investments in Dividend kings, for a more stable return over time

A good example of this would be $Icahn Enterprises (IEP.US)$ whereby price went all the way down to 9.73 somewhere around early September. IEP has been distributing a 1 dollar divi consistently every quarter. Currently IEP sits at 15 dollars, a close to 50% gain if you have entered at 9.73, all while giving a dividends (assuming things don't change) of 1 dollar per quarter.

And this is why I love TA, I mainly look at stocks at its potential for momentum/swing position and looking at Fib levels etc for support/resistance, and often than not, these indicators are highlighted on dividend stocks as well, but adds another layer of cushioning - should the price not rise as fast as I would like it to, I have my dividends as well.

So to reiterate, why not both? Incorporate your understanding of price movement and see if you can get a better entry on dividend stocks, which benefit you from both growth and dividends