Twenty investment trusts, including City of London Investment Trust, Bankers Investment Trust, and Alliance Witan, have increased dividends for over two decades, with three trusts extending this record to 58 consecutive years. The newest addition to the list is the Murray International Trust, with 20 years of dividend growth. Investment trusts’ unique structure allows them to hold back income in a dividend reserve, making them attractive to income-focused investors, especially during periods of market volatility.
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Why GeneDx Holdings Stock Blasted 8% Higher Today
GeneDx Holdings (NASDAQ: WGS) saw its stock rise over 8% following a strong second-quarter earnings report that revealed nearly $103 million in revenue, a 49% year-over-year increase, driven by a 69% surge in exome and genome testing sales. This performance stood in stark contrast to the S&P 500's modest 0.3% decline. Want More Context? 🔎
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