Income Boosters: cash-backed dividends with growth potential
Earnings season has been free of major drama for our high yielders, despite the uncertain macroeconomic backdrop. Several of our companies have increased their dividends and we’re reassured to see that all of those that have reported so far have maintained all-important cash cover for their payouts. Our update here tells you more.
We’ve not made any further changes to the portfolio since April, in line with our preference for minimal trading.
In this update we cover updates from a consumer business, utility provider, two financial firms and a big pharma group.
You can download the full list of all our Income Boosters Portfolio from the portfolio page here, while information on all our portfolios can be found on the main portfolio page here.
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