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STS Sts Global Income & Growth Trust Plc

216.00
-2.00 (-0.92%)
12 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Sts Global Income & Growth Trust Plc STS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-2.00 -0.92% 216.00 16:35:10
Open Price Low Price High Price Close Price Previous Close
215.00 215.00 215.00 216.00 218.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Sts Global Income & Growth STS Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
22/05/2024InterimGBP0.0152506/06/202407/06/202405/07/2024
23/02/2024InterimGBP0.0196514/03/202415/03/202419/04/2024
14/12/2023InterimGBP0.0152521/12/202322/12/202319/01/2024
20/09/2023InterimGBP0.0152505/10/202306/10/202327/10/2023
08/06/2023InterimGBP0.018515/06/202316/06/202314/07/2023
15/03/2023InterimGBP0.014523/03/202324/03/202314/04/2023
06/12/2022InterimGBP0.014522/12/202223/12/202220/01/2023
28/09/2022InterimGBP0.014506/10/202207/10/202228/10/2022
19/05/2022InterimGBP0.017526/05/202227/05/202201/07/2022
17/03/2022InterimGBP0.0137524/03/202225/03/202214/04/2022
13/12/2021InterimGBP0.0137530/12/202131/12/202121/01/2022
06/10/2021InterimGBP0.0137514/10/202115/10/202105/11/2021
13/05/2021InterimGBP0.0157520/05/202121/05/202102/07/2021
27/01/2021InterimGBP0.0137525/03/202126/03/202116/04/2021
08/12/2020InterimGBP0.0137531/12/202004/01/202122/01/2021
24/09/2020InterimGBP0.0137508/10/202009/10/202030/10/2020
01/07/2020InterimGBP0.020609/07/202010/07/202031/07/2020
29/01/2020InterimGBP0.014526/03/202027/03/202017/04/2020
05/12/2019InterimGBP0.014524/12/201927/12/201924/01/2020
17/09/2019InterimGBP0.014503/10/201904/10/201925/10/2019
24/06/2019InterimGBP0.01904/07/201905/07/201926/07/2019

Top Dividend Posts

Top Posts
Posted at 28/11/2023 15:33 by mozy123
The Trust industry is experiencing lots of combinations. STS and TIGT seem a perfect fit. Don't hold either but will revisit STS when its larger.
Posted at 14/8/2022 16:43 by steve3sandal1
Indeed Troy track record also good during GFC which I think helped Seb win the PNL mandate. I've about 10% between STS and TIGT. Short term performance moderate but over time investing in 20% ROC companies will probably work out OK.
Posted at 14/8/2022 14:27 by cynicalsteve
Hi Steve, it surprises me how quiet many of the boards are, has there been an apocalypse and we didn't notice?
I'm currently an investor in another Troy fund PNL, its mix of Tech/Consumer/Medical equities plus gold and TIPs was perfect during Brexit, the pandemic and the Ukraine war. Now I'm less keen on Troy funds because I worry their equity portfolios might be TOO concentrated, both by number of stocks held and sectors they invest in. I also remember that they bought tobacco stocks all the way up but held them most of the way down, I fear they will do the same with tech companies. The STS portfolio is more diverse, with less tech, so it's one I'm keeping an eye on, waiting for an entry point.
Posted at 16/6/2015 15:53 by beardmore
Paying some of the dividend out of capital sounds a little too cannibalistic for me.
Posted at 16/6/2015 15:08 by speedsgh
STS website -

STS dividend history -

Financial Results to 31 March 2015 -

Mentioned here (12/6/15) -

Edison research note (Nov 2014) -

NEW Executive Interview: Securities Trust of Scotland (Jun 2015) -
Portfolio manager, Alan Porter, explains the rationale for recent additions to the portfolio and the change in the dividend policy.

NEW Edison research note (Jun 2015) -
Posted at 16/6/2015 14:51 by speedsgh
NEW INTERVIEW...

Executive Interview: Securities Trust of Scotland -

Securities Trust of Scotland (STS) seeks a combination of rising income and long-term capital growth from a concentrated (currently 46 stocks) global portfolio of mainly larger companies. Stocks are chosen for attributes including yield and dividend growth, financial strength and valuation. Recently the shares have moved to a discount to NAV, but a new policy to enhance the yield, together with the potential for better underlying performance, could see the shares re-rate to a level closer to peers.

In this interview, the portfolio manager, Alan Porter, explains the rationale for recent additions to the portfolio and the change in the dividend policy.
Posted at 12/6/2015 11:37 by speedsgh
STS website -

STS dividend history -

Financial Results to 31 March 2015 -

Mentioned here today -

Most recent Edison research note (Nov 2014) -
Posted at 31/12/2012 11:09 by walthera
STS is showing as "unknown stock" in my ADVFN portfolio.
WHY, as it is still quoted in my monitor and intra day chart?
Posted at 22/9/2012 17:13 by northernlass
QE Is Good News

ALAN PORTER SAYS, "QE IS GOOD NEWS FOR EQUITY INVESTORS"

Quantitative easing, or money printing, by central banks provides a good backdrop for shares, says Alan Porter, manager of the Securities Trust of Scotland.

The stock market's initial enthusiasm for the US Federal Reserve's decision to launch 'QE3', or another big round of injecting new money into the US economy, shows just how much markets are being driven by macro concerns, although the rally did peter out this week.

Alan Porter, manager of the Securities Trust of Scotland, a global investment trust, says quantitative easing (QE) by central banks like the Fed, but also the Bank of England, the European Central Bank and the Bank of Japan, can create a great situation for investors in shares.

QE involves central banks creating new money and using it to buy government bonds and other assets with the aim of reducing long-term interest rates. Porter explains that this creates a scarcity of income as yields on the bonds and the assets that are purchased are pushed down as their prices rise.

This is good news for shares, or equities, because their higher dividend yields then look attractive to investors who buy them.



WATCH VIDEO INTERVIEW HERE:


P.S.
Here's some links about SCLP, one of the hottest stocks at the moment:
Posted at 22/9/2012 17:11 by northernlass
Reasons To Be Cheerful

SECURITIES TRUST OF SCOTLAND: PORTER FINDS REASONS TO BE CHEERFUL

Securities Trust of Scotland manager Alan Porter says a stable US housing market, recovery in bank lending and healthy company balance sheets are reasons to have a positive outlook.

One year on, having taken over the Securities Trust of Scotland, investment trust manager Alan Porter has raised the trust's gearing level and its exposure to cyclicals as a sign of being more bullish on company prospects.



GLOBAL MANDATE

Porter took over STS on 1 August last year with the mandate of transforming the portfolio from a UK income fund to a global mandate. This followed a shareholder vote to change its investment objective from solely seeking income in the UK.

In December, when Fund Strategy last profiled the trust, the manager described himself as "getting close to being greedy but not quite there yet". At the time, his gearing level was 5 per cent and the fund was underweight in cyclicals as he felt they looked too expensive.

By February, Porter had upped his weighting in cyclicals to neutral while he has since raised the trust's gearing to 8 per cent as he believes the current macro economic environment is supportive for equities, in particular, income stocks.

"By the turn of the year, for the first time, we saw improving data coming out of the US and since then GDP has been growing at around the 2 per cent mark," he says. "While there has since been negative data, there are reasons to stay positive, namely stronger labour markets, stability in the housing market, good retail numbers and a recovery in bank lending."



INCREASING RETURN

Meanwhile, from a micro perspective, Porter notes companies are sitting on healthy balance sheets and profit margins are at all-time highs, which he says is good for income in the short to medium term.

"Companies are not investing this in terms of capital expenditure, instead opting to return it to shareholders, which is good news for income and growth funds as payout ratios rise," he says.

Indeed, as a result, Porter is expecting 7-8 per cent dividend per share growth for STS over the next 12 months.



STRONG PERFORMANCE

One year into the trust's new mandate and performance has been strong. According to the latest AIC data over one year to 31 July 2012, the trust has returned 17.8 per cent on a share price total return basis, outperforming its benchmark by 9 per cent. In the trust's last financial year, it also increased its dividend by 1.1 per cent to 4.70p per share and its current net yield is 3.7 per cent.

Read the full article here:

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