So, too, are those buying investment trusts with exceptionally long records of increasing dividends. And three of them, City of London Investment Trust, Caledonia Investments and Alliance, have upped their dividends for 57 years running - since back when England won the football World Cup. Equity income trusts make up a big chunk of the list. The key to investment trusts being able to achieve such lengthy records of increasing payouts lies in their structure. Annabel Brodie-Smith, communications director of the Association of Investment Companies said: 'Despite a tricky few years for the dividend heroes, ten investment trusts now have at least half a century of consecutive annual dividend increases.

Source: Daily Mail March 15, 2024 14:37 UTC