RE: Just topped up16 Jan 2024 10:31
GWM - There's no guarantees of course but CTY's record of raising dividends and paying out through thick and thin is pretty impressive. A 5% yield might not sound too sexy right now but when the cycles changes (and it will) A consistent and rising 5% div will look pretty attractive. If you read the CTY prospectus the directors state that they recognise the importance of dividends to their investors - I like that because it means their modus operandi is aligned with mine.
This is not advice....... But you could take a look at AEI, again an impressive divi record that is higher than CTY which is also consistently paid, albeit without CTY's incredible longevity. From a sleeping at night perspective AEI mostly invests in large blue chip companies so generally moves up and down with the market, but is not for investors who consider ESG i.e. tobacco, oil, mining etc