Your current location:HOME >business >Dividend hero SAINT's manager on the best shares for income and growth 正文
TIME:2024-05-07 22:25:07 Source: Internet compilationEdit:business
When 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.
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
Second juror in New Hampshire youth center abuse trial explains verdict, says state misinterpreted2024-05-07 22:18
Xi Exchanges Congratulations with Madagascar's President over 50th Anniversary of Diplomatic Ties2024-05-07 21:57
Xi Jinping Elected General Secretary of CPC Central Committee: Communique2024-05-07 21:46
Xi Congratulates Russia2024-05-07 21:16
At least 10 casualties reported in a hospital knife attack in China2024-05-07 21:10
Xiplomacy: China's Vision of Global Governance for Addressing Common Challenges2024-05-07 20:49
Caring for Rural Women Teachers, Promoting Career Development2024-05-07 20:30
Xi Sends Condolences to Philippine President over Tropical Storm Losses2024-05-07 20:14
No positive progress in Gaza truce talks: Hamas source2024-05-07 20:06
Xi to Address 5th CIIE Opening Ceremony via Video, Speech to Be Broadcast Live2024-05-07 19:50
Second juror in New Hampshire youth center abuse trial explains verdict, says state misinterpreted2024-05-07 22:10
Xi Sends Condolences to Philippine President over Tropical Storm Losses2024-05-07 21:55
Xi Meets Dutch PM Rutte2024-05-07 21:05
Wenzhou Organizes Family Related Activity2024-05-07 20:55
Chicago Sky rookie Kamilla Cardoso out at least a month with a shoulder injury2024-05-07 20:45
China's ecological environment improves steadily in 2023: Minister2024-05-07 20:38
Hayao Miyazaki's animated fantasy leads Chinese box office2024-05-07 20:34
CCTF Wins Another Full Score in FTI Report2024-05-07 20:29
The foods that cancer experts want you to stop eating2024-05-07 20:28
Xi Meets French President Macron2024-05-07 19:43