Income Boosters: making progress in mixed markets
July was a busy month for our high yield Income Boosters portfolio, with five companies reporting during the period. Read on here for our usual forthright assessment of the news from some big dividend payers.
Four of our five Income Boosters portfilio companies increased their payouts during the first half of this year, including one company that has just increased its dividend for the first time since 2020.
Less positively, a new chief executive at one long-time portfolio member has flagged up some potential problems that may have limited recent growth. While we think the 5%+ yield continues to look very secure, we’re hopeful these issues can now be addressed to…
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