Current location:style >>
Dividend hero SAINT's manager on the best shares for income and growth
style75People 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.“Planet Pulse news portal”。http://gibraltar.bahnsport.org/html-48b899942.html
Related articles
Kristin Cavallari, 37, ignores critics of her age
styleKristin Cavallari is enjoying a romantic rendezvous with her much younger cowboy lover Mark Estes in ...
【style】
Read moreScheana Shay rubs Lala Kent's swimsuit
styleScheana Shay had a blast attending the Coachella Valley Music and Arts Festival in Indio, CA this we ...
【style】
Read moreHezbollah praises Iranian attack on Israel
styleLebanon's Hezbollah on Sunday "congratulated" Iran on its overnight "unprecedente ...
【style】
Read more
Popular articles
- Siblings trying to make US water polo teams for Paris Olympics
- Iranian FM, EU foreign policy chief discuss Iran's retaliatory attack against Israel
- Emily Ratajkowski bares her toned tummy in a white tube top as she strolls NYC with her dog Colombo
- Bernd Hölzenbein, World Cup winner with West Germany in 1974, dies at 78
- Celebrity birthdays for the week of May 26
- Iranian FM opens new consulate in Damascus following Israeli strike
Latest articles
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
Iranian FM opens new consulate in Damascus following Israeli strike
Emily Ratajkowski bares her toned tummy in a white tube top as she strolls NYC with her dog Colombo
Mental health review to follow Sydney stabbing attack: Australian PM
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
China's securities regulator tightens delisting regulation
LINKS
- Lil' Kim's Quiet Storm dance moves helped SAVE woman from drive
- AP Week in Pictures: Europe and Africa
- Closing prices for crude oil, gold and other commodities
- US college protests: Over 2,000 arrested during pro
- Arkansas lawmakers approve $6.3 billion budget bill as session wraps up
- Princess Anne says she's 'honoured' as she has a train named after her at London Paddington station
- JAN MOIR: It was right that Richard Gadd told his story in Baby Reindeer
- How major US stock indexes fared Thursday, 5/2/2024
- Sharon Stone is SUED for $35,000 for 'causing car crash' in Los Angeles
- Qualcomm, Carvana rise; DoorDash, Qorvo fall, Thursday, 5/2/2024