Current location:politics >>
Dividend hero SAINT's manager on the best shares for income and growth
politics96People 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
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gazetteer news portal”。http://panama.downmusic.org/news-48a799942.html
Related articles
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
politicsThe field for the NCAA baseball tournament will take shape this week with conference tournaments det ...
【politics】
Read moreFormer world's oldest dog stripped of title
politicsBy Ido Vock, BBC NewsBobi at his home in the Portuguese village of Conqueiros before his death in 20 ...
【politics】
Read moreMixed reaction to Three Waters repeal by end of next week
politicsWhanganui Mayor Andrew Tripe has celebrated the scrapping of Three Waters. Photo: RNZ / Robin Martin ...
【politics】
Read more
Popular articles
- Nadal returns to Roland Garros to practice amid doubts over fitness and form
- Earthquake now eclipse, Yankees play ball amid natural phenomena
- Thailand plan massive enclosures to contain monkey mayhem in Lopburi
- Fake Mossad account spreads misinformation about airstrike that killed aid workers in Gaza
- Sweden beats France, Britain relegated after losing to Norway at hockey worlds
- A new Washington state law does not offer cash for reporting hate speech
Latest articles
Celebrity birthdays for the week of May 26
New apps test AI chatbots to help mental health crisis
Texas bird flu patient being treated after contact with cows
Lawsuit seeks to force ban on menthol cigarettes after delays by Biden
The fightback begins: Boss of London's Queen Mary University tells pro
Posts misrepresent White House Easter egg contest, Day of Transgender Visibility proclamation
LINKS
- Beijing gears up for Strawberry Music Festival during May Day holiday
- Hong Kong Shanghai TV Week kicks off
- Shanghai citizens average 12 books per year
- Screenwriter Chen Yu amazed by young filmmakers
- Some Houston
- Former Michigan House leader, wife plead not guilty to misusing political funds
- Britain braces for rush hour thunderstorm chaos: Met Office issues 12
- Liberia passes a law setting up a long
- Army lieutenant colonel charged with smuggling firearm parts from Russia, other countries
- Shanghai showcases Miyazaki's magic