Current location:world >>
Dividend hero SAINT's manager on the best shares for income and growth
world88People 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 Guide news portal”。http://southafrica.jewrs.com/article-48e699942.html
Related articles
Nigerians struggle with fuel shortages as queues form across major cities
worldABUJA, Nigeria (AP) — Nigerians were queuing for hours to buy fuel across major cities on Tuesday as ...
【world】
Read moreEgypt aborts controversial pyramid renovation plan
worldBy Patrick Werr, ReutersMenkaure is the smallest of Giza's three great pyramids. Photo: Supplied/AFP ...
【world】
Read moreWait times to see health specialists rise, childhood immunisations fall
worldForty percent of patients (30,757) had waited more than four months for surgery or other treatments, ...
【world】
Read more
Popular articles
- The cancer drugs that could improve survival rates if given to patients in the morning
- Alexei Navalny death: Team accuses Russia of 'hiding' his body
- PM Christopher Luxon defends David Seymour over TVNZ criticisms
- Immigration declines nearly half of study visa applications from India so far this year
- Miriam: Death Of A Reality Star review
- Ghana passes bill making identifying as LGBTQ+ illegal
Latest articles
EDEN CONFIDENTIAL: Prince Harry's army friend JJ Chalmers urges Kate to talk about cancer
Israel hits Gaza's Rafah; Hamas chief's trip raises truce hopes
US Supreme Court lets $2.46 billion Boy Scouts sex abuse settlement proceed
Cuts and closures in New Zealand's news media industry: What you need to know
India recalls Rishabh Pant for T20 World Cup after near
Man arrested after teen targeted, run over multiple times
LINKS
- The Latest
- Playoff hopes fading for troubled Crusaders in Super Rugby Pacific
- Twins' Castro hits birthday homer, lifts Minnesota to 6
- Army reservist who warned about Maine killer before shootings to testify before investigators
- Shohei Ohtani has 3 doubles, Landon Knack get 1st victory as Dodgers rout Nationals 11
- Megan Fox shows off flawless face in glamorous selfies after sharing THAT unrecognizable makeup
- Pesce's injury could mean a larger role for DeAngelo in the playoffs for the Hurricanes
- US growth likely slowed last quarter but still pointed to a solid economy
- Biden meets 4
- Imelda Staunton reveals The Crown's final episode had to be re