19/07/2009 -
Newton Higher Income Fund Update
One of our proposition funds has just declared its final dividend, showing a 15% income increase for the year to 30 June 2009. Managed by Teneke Frikkee and currently providing an income of 8% per annum, (from blue chip uk mainly FTSE100 shares) at a time when dividends are currently being cut, this is an excellent result!
Sustainable high yields and real dividend growth will be central to long-term total returns,” says Frikkee.
Tim Lewis believes that this strong dividend income is critical to overall returns in an investment market that currently has little direction.
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