Email of the day on UK listed investment trusts' history of dividend growth
Comment of the Day

March 31 2020

Commentary by Eoin Treacy

Email of the day on UK listed investment trusts' history of dividend growth

I was interested in your comments about companies which have a long record of paying dividends. It is maybe worth mentioning that a good number of UK registered investment trusts have long records of increasing dividends year by year. They tend to have reserves which can be used to bolster pay outs in years when dividend income comes under pressure. Regards from Scotland

Eoin Treacy's view

Thank you for your kind email and this reminder that Scotland has a long history of investments that concentrate on dividends. It took several hours today, but I was finally able to compile a reasonably complete list of UK listed investment trusts with admirable records of dividend increases. It turns out there is no easy way to compile the data so I did the grunt work of eyeballing the dividend histories of all 145 trusts with histories of dividend growth.

As far as I can see there are only two which have never cut their dividend in 31 years of history. Three have not cut their dividend in at least 28 years and three more have maintained that feat for more than 20 years.

Click HERE to subscribe to Fuller Treacy Money Back to top