Higher-yielding income shares due comeback after tough time

iw investment trust forum 2008

Times have been tough for income managers lately but higher-yielding shares are about to come back i...

Times have been tough for income managers lately but higher-yielding shares are about to come back into favour, according to Martin Currie's Ross Watson. The manager said although growing dividends has not been difficult, share prices of income-producing companies have been hammered. "It has been a hostile environment for income investing but not for income generation. We have consistently delivered income on the trust and have in fact come in ahead of expectations. The cash dividend payments for the next year are good for equities." He added what has happened over the past 12 months ...