Baillie Gifford
You need to understand how compounding produces exponential returns . It works because you not only earn interest on your original investment , but also on additional returns
Coffee chain Starbucks is a betterknown example . Even after two decades of strong growth , it ’ s still a small enough player in the everexpanding universe of hot drinks to keep adding stores and menu items . We think it can deliver 10 per cent growth for at least another decade .
SAINTS dividends
2017 2018 2019 2020 2021
11.1 11.5 11.875 12.0 12.675
Source : Baillie Gifford & Co . Total dividend per ordinary share ( net ). Pence per share . As at 31 December 2021 .
Issue 91 - January 2023 / 19 /