Lowland Investment Company P L C Annual Shareholders Meeting Transcript
It's really likely to back. This time last year, I was watching from my living room in very different circumstances. So it's lovely to see you all. I thought I would start with a bit of history where Lowland is normally versus where it is now is a bit different. So it provides good opportunity to explain why over the very long run, Lowland normally has roughly a third in smaller companies, a third in medium-sized companies, and a third in larger companies. That means we have roughly two-thirds in the small and medium-sized company area normally. So why do we do that? These companies normally grow quicker. They grow sales quicker, grow earnings quicker, they grow their dividends quicker. So over the very long run, these companies have provided good dividend growth for Lowland.
If you went back over a very, very long time horizon, say 30 years, Lowland would have grown its dividend quicker than its peers. So that's why we normally have two-thirds in the small and medium-sized company area. But at the moment, we don't. So in orange is
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