Eight trusts have joined the next generation of the Association of Investment Companies (AIC) ‘dividend heroes’ after delivering a decade of income growth.
AIC dividend heroes are those trusts that have delivered 20 years or more of consecutive dividend growth – 20 portfolios currently hold the accolade.
However, 33 investment trusts have increased their dividends in consecutive years for at least a decade, but fewer than 20 years, which the AIC calls the ‘next generation of dividend heroes’.