Current location:Global Glimmer news portal > entertainment
Dividend hero SAINT's manager on the best shares for income and growth
Global Glimmer news portal2024-05-21 11:19:14【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://mauritius.chongwenmenhotelbeijing.com/content-48a799942.html
Address of this article:http://mauritius.chongwenmenhotelbeijing.com/content-48a799942.html
Very good!(867)
Related articles
- Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
- China's star swimmers make final sprint for Paris 2024
- Judge denies bail to teen charged with terror
- Barbra Banda's 2 goals keep Orlando Pride undefeated in NWSL
- Yu Darvish extends scoreless innings streak to 25 in Padres' 9
- WADA labels accusations 'politically motivated'
- F1 'ten years' away from more Chinese drivers, Zhou
- Crawford goes 7 innings, Wong has 3 hits and Red Sox beat Giants 6
- Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift
- Kwan has RBI in 10th, makes great defensive play to lead Guardians over Astros 3
Popular articles
Recommended
French sports minister calls for sanctions after Monaco player tapes over anti
China ready to strengthen high
O'Sullivan sees off Day to reach Crucible quarters
Say hello (again) to EA Sports College Football. The beloved video
Student fatally shot, suspect detained at Georgia's Kennesaw State University
Zayn Malik sends fans crazy as he announces his first ever solo gig
Vegas retaliation on Stars forward Seguin costly as defending champion Knights now trail series
Mets SS Lindor exits after 2 innings due to flu
Links
- German leader says Europe must keep increasing aid to Ukraine after US approves new military help
- Countess ex
- Biden administration is announcing plans for up to 12 lease sales for offshore wind energy
- Pascal Siakam leads resurgent Pacers offense in 125
- Paris will become a no
- Former Labour minister Frank Field dies from cancer aged 81: Tributes pour in for 'formidable' ex
- Delhi survives Rashid's onslaught to beat Gujarat by 4 runs in IPL
- Dairy cattle must be tested for bird flu before moving between states, agriculture officials say
- Cristian Măcelaru to become music director of Cincinnati Symphony Orchestra in 2025
- Austria coach Ralf Rangnick confirms Bayern Munich contact