Current location:Culture Chronicles news portal > entertainment
Dividend hero SAINT's manager on the best shares for income and growth
Culture Chronicles news portal2024-05-01 09:02:34【entertainment】2People 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://kyrgyzstan.whetstonetavern.com/content-71b199926.html
Address of this article:http://kyrgyzstan.whetstonetavern.com/content-71b199926.html
Very good!(77)
Related articles
- CPPCC National Committee Holds Gathering to Ring in New Year, Xi Jinping Delivers Important Speech
- Alicia Keys, Brian d’Arcy James, Daniel Radcliffe and more react to earning Tony Award nominations
- EPA rule bans toxic chemical methylene chloride, toxic solvent known to cause liver cancer
- Haiti prime minister: transitional council names new leader
- G20 Summit to be held in Bali, Indonesia
- Encino out of Kentucky Derby, Epic Ride joins the 20
- US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition
- Blow to Rishi Sunak's hopes for returning more small
- Trojan horse or unproven fears? Into U.S. demonization of Chinese manufacturing
- Judge clears former Kentucky secretary of state Alison Lundergan Grimes of ethics charges
Popular articles
- Trojan horse or unproven fears? Into U.S. demonization of Chinese manufacturing
- Jaguars cut WR Zay Jones, clearing a path to potentially sign five
- Swiatek rallies against Haddad Maia to reach Madrid Open semis
- Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
Recommended
270 killed as deadly military conflict in Sudan rages into 4th day
HSBC CEO Noel Quinn plans to retire
New Jersey seeks fourth round of offshore wind farm proposals as foes push back
Using a walker boot for too long may mean you can't ever walk properly without it again
UN urges maximum restraint amid rising tensions between Iran, Israel
Confidence of US consumers continues to decline as Americans worry about the future
Immigrant's $1.3B Powerball win spotlights the Iu Mien community
Kazakhstan arrests ex
Links
- PICTURED: Mother
- Going bald gracefully! A
- TV series spotlights young love for older woman
- Longgupo Site starts fifth stage of excavation in Wushan County, SW China
- 2023 in review: A fruitful year for China's manned space program
- OJ Simpson's brain will not be donated for CTE research, family spokesperson says
- Chase Elliott ends 42
- Beijing boosts int'l sci
- Monster Georgia father is sentenced to 50 years in prison for poisoning his 18
- 'Taylor Swift must be getting sick of this': Travis Kelce is SLAMMED over 'cringe' beer