RE: Labour Win12 Jul 2024 11:48
I am looking for long term growing dividends for retirement income, to be held in my SIPP, direct and ISAs.
I always liked investment trusts, as their price reflects their market value ie assets/income after costs, they flatten out dividend dips, and some have been paying growing dividends for decades City of London for instance. Not too worried about diversification, as many UK income trusts are in big established global international company's, so already geographically and sector diversified.
Healthcare //Renewables// Technology are the obvious long term growing sectors for the next 20-30 years.
This one although fairly new ticks all the right boxes, and pays more much than an annuity without losing the capital.