Foreign & Colonial Investment Trust increases dividend by 128%

Following the AIC's research into the dividend growth of global growth trusts, F&C would like to draw your attention to the Foreign & Colonial Investment Trust which has posted the strongest dividend growth in the sector, increasing by 128% over the past 10 years (42% higher than its nearest competitor).

Jeremy Tigue, manager of Foreign & Colonial Investment Trust, said: "Most of the growth, over the past five years at least, has come from the emerging markets such as India and China. We are confident this will continue and have already forecast further growth in the dividend of 10.4 per cent for 2007.

"Shareholders like to see annual growth in their dividend and dividend reinvestment is particularly important for those investing for the long term, not least Child Trust Fund investors who stand to benefit from their 18-year time horizon."