Which Funds are Dividend Heroes?

The AIC has shone the spotlight on 20 investment trusts that have achieved the rare feat of growing their dividends for 20 consecutive years or more

Danielle Levy 27 March, 2017 | 4:02PM

Funds that pay out a stable and growing income stream represent the holy grail for investors at a time when interest rates remain low.

The Association of Investment Companies (AIC) has shone the spotlight on 20 investment trusts that have achieved the rare feat of growing their dividends for 20 consecutive years or more. Half of the list claim an impressive track record of income growth for 40 years plus.

The AIC’s table, which is based on Morningstar data, highlights an array of talented fund managers that investors can access via investment trusts. Unlike their open-ended equivalents, investment trusts have the advantage of being able to smooth dividend payments by using revenue reserves.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alliance Trust Ord809.00 GBX1.63
Bankers Ord1,028.00 GBX1.78
City of London Ord336.50 GBX1.51

About Author

Danielle Levy  is a freelance journalist specialising in investment writing for Morningstar.co.uk

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