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
Reality star Ashley Cain reveals physical agony of his 3,000
Testimony in USC case before labor relations board administrative judge could be wrapping up
RHOM star Alexia Nepola's husband Todd files for DIVORCE after two years
Todd Blanche says he was shocked Donald Trump took the verdict with 'solemness'
Embracing the spring season: Hulun Lake in north China
Secrets for the epic achievements in the new era
National cultural parks enshrining Chinese ethos
Sarah Hyland reveals husband Wells Adams called her Little Shop of Horrors voice 'very sexual'
US citizen arrested in Moscow on drug charges appears in court
Paris Olympics: What to know and who to watch during the boxing competition
Victoria Beckham shows off her £300 mobility scooter while out with husband David