Current location:Cultural Carousel news portal > style
Dividend hero SAINT's manager on the best shares for income and growth
Cultural Carousel news portal2024-05-22 09:41:19【style】3People have gathered around
IntroductionWhen it comes to tips on investing for income it's worth listening to the manager of an investment t
When it comes to tips on investing for income it's worth listening to the manager of an investment trust that's raised its dividend payout for 50 years in a row.
Scottish American Investment Company, commonly known as SAINTS, is one of the AIC's Dividend Hero investment trusts - the select band with the longest running history of raising their dividend year-in, year-out.
And it's now a member of an even more elite group within those trusts, those with at least 50 years of upping payouts.
But SAINTS takes a different approach to many dividend funds and invests for both income and growth, which explains why instead of the usual suspects, its top ten holdings include Magnificent Seven tech behemoth Microsoft, fat-loss and diabetes drug maker Novo Nordisk, and chipmaker TSMC.
That also explains why the trust only has a dividend yield of 2.82 per cent, considerably lower than some of its peers.
On this episode of the Investing Show, James Dow, the co-manager of SAINTS, speaks to Simon Lambert about why he believes that even when investing for income, growth matters to investors - and the stocks he picks to deliver both.
He also explains more about how the 150-year-old investment trust operates and why it also holds other assets, including bonds and property.
SAINTS: Facts and figures
Scottish American Investment Company known as SAINTS
Managers: Baillie Gifford - James Dow and Ross Mathison
Global Equity Income sector
Yield: 2.82 per cent
Ongoing charges: 0.58%
Market cap: £890M
Share price discount to NAV: -10.69%
Performance:
Source: AIC / Morningstar
Address of this article:http://finland.gigirondeau.com/html-71c099926.html
Address of this article:http://finland.gigirondeau.com/html-71c099926.html
Very good!(32463)
Related articles
- Turkish Airlines resumes flights to Afghanistan nearly 3 years after the Taliban captured Kabul
- Qinghai affected by Gansu earthquake, mobilizes multiple personnel
- Earthquake death toll in Qinghai rises to 18
- 56.4 pct of China's postgraduates hold professional degrees
- New York's high court upholds requiring insurance to cover medically necessary abortions
- Prince Andrew breaks cover as he goes for a horse ride in Windsor
- Prefab houses for quake
- Criminal cases involving guns, explosives down 20 pct in China
- Testimony at Sen. Bob Menendez's bribery trial focuses on his wife's New Jersey home
- 10 major criminal suspects transferred back to China from Myanmar
Popular articles
Recommended
US defender John Brooks to leave German club Hoffenheim
Criminal cases involving guns, explosives down 20 pct in China
Lee hails competitive HK vote
Hybrid solar plant and fish farm in C China's Hubei offers environmental, economic gains
Cristiano Ronaldo to lead Portugal into record sixth European Championship
Former CSIC chairman sentenced to 13 years in jail for bribery, abuse of power
Prefab houses for quake
Salt powers Kolkata Knight Riders to victory over Lucknow Super Giants in IPL
Links
- Toddler's mother claims his nursery asked her if her four month old baby boy was non
- Gujarat crashes to 89 all out against Delhi, loses IPL game by 6 wickets at home
- Victory for free speech in the face of Brussels bullies! Nigel Farage returns to right
- Ulsan beats Yokohama 1
- Plane passenger lifts the lid on WILD conspiracy theories surrounding Denver airport
- Baby not on board! Mother with three
- Police confirm Missouri officer fired fatal shot that killed man who allegedly shot another man
- Rookie Keaton Winn throws six solid innings. Giants beat Marlins 3
- Victory for free speech in the face of Brussels bullies! Nigel Farage returns to right
- How much of England's motorway network has no hard shoulder? This map reveals all...