Last year was dismal for anyone seeking an income from their investments.
Dividends from UK companies plunged by 38 per cent, according to the Link Group Dividend Monitor. Global pay outs were down 12.2 per cent, Janus Henderson’s Global Dividend Index shows.
So against this difficult backdrop, it is particularly impressive that Scottish American Investment Trust increased its dividend payout above the rate of inflation for the 47th consecutive year.
Scottish American Investment Trust increased its dividend pay out above the rate of inflation for the 47th consecutive year
The fund’s current yield is 2.49 per cent. Inflation as measured by the Consumer Price Index (CPI) is just 0.4 per cent.