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32. 53 years of dividend increases
In the first of three podcasts recorded at FundCalibre’s annual investment trust dinner, Job Curtis, manager of City of London investment trust discusses the upcoming Christmas election, Brexit and the long-term outlook for the UK stock market. He also tells us how he’s been able to maintain his impressive dividend track record and looks back to 2003, when he increased gearing on the trust to take advantage of the bottom of the bear market.
Launched in 1891, City of London is not only one of the longest-running investment trusts, it also has the best track record of increasing its dividend, having done so for each of the past 53 years. Run by manager Job Curtis since 1991, this UK equity income portfolio invests predominantly in larger UK companies with international exposure and has a current yield of 4.5%*.
Read more about the City of London Investment Trust
*As at 31 October 2019
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