Investment trusts defy market turmoil to increase dividends

Latest AIC 'dividend heroes' list

clock • 1 min read

Seven 'dividend hero' investment trusts have announced another year of increases so far in 2020, according to the latest 'dividend heroes' list published by the Association of Investment Companies (AIC).

These include the F&C Investment Trust at 49 years, the Brunner Investment Trust at 48 years and the Witan Investment Trust in its 45th year of raising its dividend. Alliance Trust, Scottish American, Bankers and Temple Bar were the other four to have confirmed dividend increases since the start of 2020. The AIC's dividend heroes are defined as those investment trusts that have consistently increased their dividends for 20 or more years in a row. AIC continues revamp with Utilities sector name change The City of London Investment Trust, Bankers Investment Trust and Alliance Trus...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot