The City of London Investment Trust has grown its dividend every year since 1966, which is the longest record of any investment trust. How has this 52-year record been achieved? How is the portfolio positioned for dividend growth going forward?
City of London seeks to have at the core of its portfolio quality companies which are able to grow their profits and dividends consistently. The aim is to find companies that cover their dividends with cash flow and profits and retain enough to invest for the long-term growth of their business. Di