Current location:Culture Circuit news portal > opinions
Dividend hero SAINT's manager on the best shares for income and growth
Culture Circuit news portal2024-05-22 04:07:33【opinions】0People 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://frenchpolynesia.nanorelatosmagicos.com/content-04a699990.html
Address of this article:http://frenchpolynesia.nanorelatosmagicos.com/content-04a699990.html
Very good!(9491)
Related articles
- Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
- Jerry Seinfeld says 'extreme left' politically correct mob has killed comedy
- Rodeo bullfighter wrangles three zebras on the loose in Washington
- Efficient Real Madrid making an art form of scoring when least expected
- Dali cargo ship is finally brought back to port
- Horoscope today: Daily guide to what the stars have in store for YOU
- Lawmakers and advocates make last
- How Columbia University became the driving force behind protests over the war in Gaza
- Colin Jost left red
- Georgia governor signs bill into law restricting land sales to some Chinese citizens
Popular articles
Recommended
Hilarious moment mother asks her Cocker Spaniel to help choose her lottery numbers
Chris Pine dons plaid blazer to honor his hero Jeff Bridges at 49th Chaplin Award Gala in NYC
Fraudsters target small businesses with scams. Here are some to watch out for
Italy's League party picks a provocative candidate for European Parliament election
Yvette Fielding says her Most Haunted co
Maple Leafs star Auston Matthews out for potential elimination matchup with Bruins
Chris Hemsworth flexes muscular form as sword
The first glow
Links
- Taiwan earthquake injuries top 1000, missing hotel workers found
- Māori Hui aa motu movement backed by Pacific leaders
- Man who went missing while fishing on boat off Hawke's Bay coast named
- Man dies after falling on Tongariro Crossing
- Labour's Rachel Boyack confirms 26
- Threat of fire increasing concern for Christchurch Adventure Park
- Exploited migrants: New language rules may force workers still in debt to leave NZ
- Exploited migrants: New language rules may force workers still in debt to leave NZ
- Māori Hui aa motu movement backed by Pacific leaders
- The Week in Politics: Coalition negotiations could be near the endgame