#431143
Postby Gengulphus » July 29th, 2021, 9:38 am
A 5.7% increase on last year's 35p interim, which is very welcome after a sub-1% increase in 2018 and two years of held dividends in 2019 and 2020. But Schroders is falling well short of its double-digit 10-year dividend growth record when I first bought it for my HYP in 2016.
Still, it's delivered dividends totalling about 17% of the total purchase price of my holdings (SDRC, of course, not SDR), which were bought in 2016, 2017 and early 2018 (*) and so have been held for about 4 years on average, and the capital value of those holdings is currently an average of about 16% up on purchase price. So a solid contributor to my HYP - just mildly disappointing when it had showed promise of being somewhat more...
(*) Excluding a small top-up I bought just over 3 weeks ago, which hasn't been held for anything like long enough to judge its performance!
Gengulphus