Dividend hero SAINT's manager on the best shares for income and growth
Release time：2024-05-21 17:32:22 Source：Stellar Saga news portal
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
What you need to know about investing in a VCT and the 30% tax break 
Why Temple Bar believes M&S, BP and Royal Mail can deliver profits 
How Impax EM invests for growth and to improve the planet 
How to invest to beat tax raids and make more of your money 
Dividend hero SAINTS' James Dow on investing for income and growth 
Will the US stock market stumble if rate cuts don't arrive? - Previous：Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
- Next：French sports minister calls for sanctions after Monaco player tapes over anti
Related articles
- Verona confirms Serie A status for another year after beating Salernitana
- Chinese people pay tributes to legendary ancestor
- Various Folk Cultural Activities Held to Welcome Upcoming Lantern Festival in China
- Blossoms of Chinese Flowering Crabapple Boost Tourism in N China's Tianjin
- Ricky Stenhouse punching Kyle Busch could lead to suspension
- Peony Cultural Tourism Festival Kicks off in Wuding, SW China's Yunnan
- People Have Fun During Spring Festival Holiday
- Tea Houses Thrive in Fuzhou, SE China
- Ricky Stenhouse punching Kyle Busch could lead to suspension
- Nation's Population Drops for First Time in 6 Decades
- What's next for Iran after death of its president in crash?
- Various Activities Held to Celebrate 'Pohui' Festival in S China's Guangxi
- China Focus: TCM Sees Rising Popularity Among Young People
- People Have Fun During Spring Festival Holiday
- Ben Whishaw lights up the Croisette as he joins his co
- Chinese Scenic Spots Welcome Tourists with Festive Activities During Spring Festival Holiday
- China Focus: TCM Sees Rising Popularity Among Young People
- Yuntai Mountain Hanfu Huazhao Festival Kicks off in C China's Henan
- US overdose deaths dropped in 2023, the first time since 2018
- Miao People Participate in Traditional Dancing Activity in SW China's Guizhou
Random recommendation
- Copyright © 2024 Powered by Dividend hero SAINT's manager on the best shares for income and growth ,Stellar Saga news portal sitemap