Alternatives trusts show up ‘traditional’ rivals to drive record £5.5bn dividends
- On June 30, 2022
- By GrowthInvest Marketing
£3.7bn in payouts from unconventional trusts is double that of their equity counterparts
Alternatives-focused investment trusts have driven record dividend payouts across the closed-ended sector, as cuts from global companies put traditional equity vehicles on the backfoot.
Investment trust dividends rose 15.4% to £5.5bn in the year to March 2022, according to the latest Investment Trust Dividend Monitor from Link Group.
But, unlike previous years, the sharp uptick was driven by investment trusts that invest in alternative assets, which collectively saw payouts jump 25.1% to £3.65bn.
This was double that generated by ‘traditional’ vehicles investing in equity markets, which were flat for the year at £1.85bn.
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