The Invesco Income Growth trust has been named the Association of Investment Companies' (AIC) 21st 'Dividend Hero' having increased its dividend for the 20th consecutive year.
Managed by Ciaran Mallon, the UK equity income trust had a dividend yield of 4.1% as of 28 February 2018, according to the AIC. Mallon said: "I recognise this reliable and growing income stream is a key attraction of the company and the regular dividend stream is highly valued by shareholders." He added he remains "committed to finding companies that have the ability to pay a sustainable and growing dividend over the long term". F&C IT at 150 - 'An appropriate time to recognise investment trusts are unique' Invesco Income Growth joins 20 other investment companies on the list, w...
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