Current location:politics >>
Dividend hero SAINT's manager on the best shares for income and growth
politics42People 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
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Grandeur news portal”。http://martinique.whetstonetavern.com/article-71b199926.html
Related articles
Xi's visit before Spring Festival touches hearts
politicsVisit: President's high regard for people's livelihoods hailedAs the Chinese people prepare for fami ...
【politics】
Read moreNadal drawn against Cobolli at Barcelona Open. Spaniard trying to return from injury
politicsRafael Nadal was drawn to face Flavio Cobolli at the Barcelona Open in what would be the Spaniard’s ...
【politics】
Read moreChinese modernization conceived in China, opportunities it brings belong to world
politicsBy He Yin (People's Daily) 09:27, April 24, 2023"China will provide new opportunities for global dev ...
【politics】
Read more
Popular articles
- Xi Urges Young Officials to Take on Historical Task on New Journey
- Xi inspects Changde in central China's Hunan Province
- Sébastien Haller’s first Dortmund start since winning Africa Cup lasts just 8 minutes
- Xi inspects spring farming work
- China's 1st domestically made polar icebreaker Xuelong 2 leaves HKSAR for Shanghai
- Commentary: A summit for democracy or dominance?
Latest articles
LINKS
- Conservatives compelled by Trump are pushing Nebraska to adopt a winner
- Los Angeles County's troubled juvenile halls get reprieve, can remain open after improvements
- Biden could miss deadline for November ballot in Ohio
- Australia to open the Formula 1 season in 2025 as Bahrain and Saudi races shift for Ramadan
- California court affirms Kevin McCarthy protege's dual candidacies on state ballot
- A Supreme Court social media ruling could set new free speech standards
- The Titans trade a seventh
- Don Donoher, the winningest basketball coach at Dayton, dies at 92
- Election 2024 poll: Americans dissatisfied with Biden, Trump
- QB Kellen Mond joining the New Orleans Saints to compete for a backup role