Global markets have been spooked by the coronavirus outbreak in recent weeks, but 21 investment companies have been increasing their dividends for more than two decades. The Association of Investment Companies (AIC) yesterday published a list of its 21 "dividend heroes" that have consistently increased their dividends for 20 or more years. City of London Investment Trust, Bankers Investment Trust and Alliance Trust lead the way with 53 years of consecutive rises, followed closely by Caledonia Investment with 52 years of increases. Seven of AIC's dividend heroes have rolled out a further year of increases.

(c) 2020 City A.M., source Newspaper