Next-generation dividend heroes: the top-yielding investment trusts of the future?

The Association of Investment Companies has published its updated list of next-gen dividend heroes. We look at the trusts that made the cut

Child nurturing a sapling planted in a bed of soil and coins
(Image credit: ridvan_celik via Getty Images)

Looking for an investment trust that could be a dividend hero of the future? The Association of Investment Companies (AIC) has published an updated table of the next generation of dividend heroes; investment trusts that have increased their dividends for ten or more consecutive years, but less than 20.

The list follows the AIC’s list of dividend heroes, which it published last week, which tracks investment trusts that have increased their dividends every year for 20 or more years.

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The next generation of investment trust dividend heroes

Investment trust

AIC sector

Years of consecutive dividend increases

Dividend yield (%)

5yr dividend growth p.a. %

Schroder Oriental Income

Asia Pacific Equity Income

18

4.31

3.51

BlackRock Greater Europe

Europe

18

1.16

3.65

CQS New City High Yield Fund

Debt - Loans and Bonds

17

8.81

0.22

Henderson Far East Income

Asia Pacific Equity Income

17

11.21

1.89

International Public Partnerships

Infrastructure

16

7.66

3.04

abrdn Asian Income Fund

Asia Pacific Equity Income

16

7.31

9.30

Fidelity Special Values

UK All Companies

15

2.88

10.66

Lowland Investment Company

UK Equity Income

15

4.85

1.55

Law Debenture Corporation

UK Equity Income

15

3.73

5.20

Invesco Global Equity Income Trust

Global Equity Income

14

3.82

1.27

TR Property Investment Trust

Property Securities

14

5.31

3.07

Chelverton UK Dividend Trust

UK Equity Income

14

9.15

7.03

Aberforth Smaller Companies

UK Smaller Companies

14

3.62

6.38

Fidelity European Trust

Europe

13

2.04

7.06

North American Income Trust

North America

13

3.55

6.60

Dunedin Income Growth

UK Equity Income

13

4.76

2.01

CT Global Managed Portfolio Income

Flexible Investment

13

6.70

4.46

Fidelity China Special Situations

China / Greater China

13

2.28

10.70

CT Private Equity Trust

Private Equity

12

6.04

14.26

Mid Wynd International

Global

12

1.08

6.53

Henderson High Income Trust

UK Equity & Bond Income

12

6.24

1.58

CT UK High Income Trust

UK Equity Income

11

5.85

2.20

Mercantile Investment Trust

UK All Companies

11

3.26

3.96

ICG Enterprise Trust

Private Equity

11

3.04

8.45

Canadian General Investments

North America

11

2.57

4.56

Henderson International Income*

Global Equity Income

11

4.19

6.23

BBGI Global Infrastructure S.A.**

Infrastructure

10

6.17

3.27

RIT Capital Partners

Flexible Investment

10

1.99

2.78

Patria Private Equity

Private Equity

10

3.18

5.59

Foresight Solar Fund

Renewable Energy Infrastructure

10

9.80

3.43

Dan McEvoy
Senior Writer

Dan is a financial journalist who, prior to joining MoneyWeek, spent five years writing for OPTO, an investment magazine focused on growth and technology stocks, ETFs and thematic investing.

Before becoming a writer, Dan spent six years working in talent acquisition in the tech sector, including for credit scoring start-up ClearScore where he first developed an interest in personal finance.

Dan studied Social Anthropology and Management at Sidney Sussex College and the Judge Business School, Cambridge University. Outside finance, he also enjoys travel writing, and has edited two published travel books.