Views & News

UK Equity Income: our 2020 dividend vision

| UK Equities
James Lowen
Clive Beagles
10 Sep 2019
  • The gap between the Fund’s unit price and dividend yield is at its highest ever level, providing a strong argument for the Fund’s significant undervaluation.
     
  • We are upgrading the Fund’s dividend growth for 2019 to a mid-single-digit percentage figure.
     
  • For 2020, we see a positive dividend outlook for our portfolio names against ongoing macro uncertainty and the scope for a recovery in sterling if a Brexit deal is agreed; we prudently forecast low single-digit percentage growth in the Fund dividend in 2020.

Disclaimer

Past performance is no guarantee of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment. The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation. The Fund’s investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.

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