Current location:World Wave news portal > travel
Dividend hero SAINT's manager on the best shares for income and growth
World Wave news portal2024-05-21 12:17:58【travel】5People 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://wakeisland.fightbigfood.org/html-26e599966.html
Address of this article:http://wakeisland.fightbigfood.org/html-26e599966.html
Very good!(594)
Related articles
- Target to lower prices on basic goods in response to inflation
- Rainfall allows Spain's Catalonia to ease water restrictions for 1st time during drought
- Irina Shayk shines in a Swarovski gown at the 2024 Met Gala
- Giro leader Tadej Pogacar finally takes it easy in Stage 4. Jonathan Milan takes a sprint victory
- Nuggets blow 20
- Rep. Greene and Speaker Johnson meet for a second day as possible vote on his ouster simmers
- From flooding in Brazil and Houston to brutal heat in Asia, extreme weather seems nearly everywhere
- 'Samurai sword
- Amtrak train hits pickup truck in upstate New York, 3 dead including child
- US youth prospect Keyrol Figueroa signs pro contract with Liverpool
Popular articles
Recommended
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad
Donald Trump moves much of his White House campaign to New York
Zendaya goes braless in plunging dress for THIRD Met Gala outfit as she speaks onstage with co
Too much water, and not enough: Brazil's flooded south struggles to find basic goods
Mystery artist who erected signs comparing pothole
Rainfall allows Spain's Catalonia to ease water restrictions for 1st time during drought
Anguish as Kenya's government demolishes houses in flood
Teacher Appreciation Week: Schools subsidize on
Links
- Malta, Libya pledge to cooperate to save lives at sea
- World's longest undersea high
- Philippines, China cooperate to crack down on illegal offshore gambling
- Syrian workers arrange cotton fabric for making masks in Damascus
- Animal husbandry sees broad prospects in digitalization
- China urges U.S. to stop COVID
- Xi Urges All
- Spotlight: U.S. authorities tell int'l students to leave U.S. if universities go online
- China's highly anticipated C919 passenger aircraft returns after debut at Singapore Airshow
- China to build 5 tugboats for Egypt's Suez Canal