Current location:Global Gesture news portal > world
Dividend hero SAINT's manager on the best shares for income and growth
Global Gesture news portal2024-05-21 15:30:32【world】3People 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://comoros.chongwenmenhotelbeijing.com/html-82f299914.html
Address of this article:http://comoros.chongwenmenhotelbeijing.com/html-82f299914.html
Very good!(96312)
Related articles
- What's next for Iran after death of its president in crash?
- Analysis: Is this Man City team English soccer's greatest of all time? Here are the numbers
- Xander Schauffele wins first major at PGA Championship in a thriller at Valhalla
- Woke DC mayor takes her 14
- Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry
- WikiLeaks founder Julian Assange's legal saga could soon end in UK
- Kyle Larson arrives at North Wilkesboro for NASCAR All
- Jurgen Klopp signs off with a win in emotionally charged final match as Liverpool manager
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- I'm a farmer... here is what Clarkson's Farm gets WRONG and right
Popular articles
- Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
- Tottenham clinches Europa League spot with season
- I'm a farmer... here is what Clarkson's Farm gets WRONG and right
- Investigation: Inmates at Virginia prison for mentally ill hospitalized 13 times for hypothermia
Recommended
Nadal returns to Roland Garros to practice amid doubts over fitness and form
Former All
11 hurt in mass shooting that marked a weekend of gun violence in Savannah, Georgia
Bader, Taylor spark 4
Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
Preakness winner Seize the Grey is likely running in the 1st Belmont at Saratoga
Emma Raducanu withdraws from French Open qualifying to focus on grass season
Kristen Faulkner bounces back from time trial disappointment to win US cycling road race title
Links
- Weaving Bright Future for Chinese, African Women
- Profile: Forestry Scientist Devoted to Greening Qinghai
- Working Tirelessly on Fertile Land
- Rural Delegate Wears Many Hats Serving Villagers
- Uygur Woman's Career on Rise After Bakery Gamble Makes Her Lots of Dough
- 10 Outstanding Women Honored as National March 8th Red
- Helping Women Play Greater Roles in Promoting Social Development
- Niu Shuli Explores Nature with Love and Passion
- Yang Xiaoyu: Boosting Museum's Role in Promoting China's Fine Traditional Culture
- Passionate Dream Chaser — Teacher Strives to Improve China's Rural Education