As part of our ISA special report week, we’re looking at income investing within the framework of tax-free saving – as well as the rules if you’re outside of this particular tax wrapper
The first quarter of 2024 is about to end and investors are looking ahead to the next earnings season and the potential benefits of interest rate cuts. Equity markets have had a strong start to the year, building on a decent 2023, as they look ahead to cheaper money after a period of monetary tightening.
But in the world of UK income there hasn’t exactly been a mood of wild celebration. In the most recent reporting season, of the 10 companies in our screen, four raised their payouts, while two held. Lloyds (LLOY), Schroders (SDR), GSK (GSK), Beazley (BEZ) and Reckitt (RKT) raised their dividends. WPP (WPP) and Unilever (ULVR) held theirs.
In reality, GSK and Schroders’ increases were small. If dividend growth is your focus, there’s not much…
