City of London Investment Trust: 54 years of consecutive dividend growth

Darius McDermott 22/06/2021

City of London Investment Trust is one of the longest-running investment trusts in the UK and manager Job Curtis has been at the helm for 30 years helping to generate steady returns over a long period of time. Job sits down with Darius McDermott to discuss dividend cuts, the outlook for dividends, financials and M&A activity in the UK.

Jump ahead to hear Job and Darius discuss the following:

  • why 2020 was “very interesting” and all “part of the job” [0:39]
  • how the trust has managed 54 years of consecutive dividend growth [1:22]
  • the impact of dividend cuts on the trust in 2020 [2:55]
  • will UK companies reinstate dividends or reinvest as the UK begins to reopen [3:57]
  • why financials are a good opportunity [5:35]
  • M&A activity in the UK, including trust holding Morrison’s [6:35]
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