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Bankers joins trust elite with 47th dividend hike
by Robert St George on Jan 20, 2014 at 12:08
The £679 million Bankers Investment Trust has hiked its dividend by 6%, marking the 47th consecutive year in which it has done so.
Bankers is proposing a final dividend of 3.6p per share, taking the full-year total to 14.13p. The trust has also forecast a dividend per share of ‘not less than’ 14.7p per share for the year ahead.
Over the past year Bankers has returned 27.9%, compared with an average of 22.1% from its AIC Global sector and 18.5% from the MSCI World index.
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