Your current location:HOME >entertainment >Dividend hero SAINT's manager on the best shares for income and growth 正文
TIME:2024-05-21 11:39:59 Source: Internet compilationEdit:entertainment
When 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.
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
Why US Catholics are planning pilgrimages in communities across the nation2024-05-21 11:28
S. Korea's opposition party leads parliamentary elections with 62.5% votes counted2024-05-21 11:22
Ukraine says to agree on military aid from US as loan2024-05-21 11:15
Mother charged with murdering five2024-05-21 10:59
Sweden beats France, Britain relegated after losing to Norway at hockey worlds2024-05-21 10:55
China's Qin leads field into men's 50m breaststroke final at Aquatics Worlds2024-05-21 10:47
Türkiye's opposition takes election lead in key cities2024-05-21 10:16
Vegas, US tour and more signings: Wrexham has plenty of fun and work ahead after latest promotion2024-05-21 10:02
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it2024-05-21 09:24
Chinese researchers develop immunotherapeutic agent for colon cancer2024-05-21 09:17
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed2024-05-21 11:27
China urges US to immediately stop meddling in Hong Kong affairs2024-05-21 11:06
Artist's creative products bring loved ones closer to the departed2024-05-21 10:55
Ukraine says to agree on military aid from US as loan2024-05-21 10:23
Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry2024-05-21 09:55
One Extraordinary Photo: An AP photographer explains how he captured the total eclipse2024-05-21 09:14
Women's water polo preliminary at World Aquatics Championships 2023: China vs. Australia2024-05-21 09:14
Greek athletes excited to attend Chengdu Universiade2024-05-21 09:08
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry2024-05-21 09:07
Prabowo Subianto wins 2024 Indonesian presidential election2024-05-21 09:05