Gold Income 10
Ten gold medallists that pay their shareholders - chosen for dividends that look built to last, not just big. Never more than three from one industry, checked again every month.
Who came in, who left
- InUnipol Assicurazioni SPA - Besides insuring Italian cars and buildings, it runs UniSalute, which sells medical cover to workers through their employers' welfare schemes.
- InBluescope Steel Limited - It runs a steelworks south of Sydney and sells painted COLORBOND steel for Australian roofs; in America, it designs steel-framed warehouses and factories.
- InKier Group plc - A British contractor building the roads, railways, schools, prisons, hospitals and defence sites that government pays for, along with pipes and treatment works for water companies.
- InTarga Resources Corp. - It separates propane and butane from raw West Texas gas, and for some of that work it is paid in a share of the liquids themselves.
- InToyoda Gosei Co., Ltd. - Shut the door of a Toyota and the rubber seal pressing around it is the kind of part this supplier makes, along with the airbag inside.
- InASR Nederland N.V. - From an office worker's company pension to a storm-damaged roof or a crashed car, this Dutch insurer covers both the decades-long and the everyday.
- OutNingbo Deye Technology Co., Ltd. Class A - lost its gold medal
- OutCES Energy Solutions Corp. - lost its gold medal
- OutWeichai Power Co., Ltd. Class H - lost its gold medal
- OutPORR AG - lost its gold medal
- OutFirstRand Limited - lost its gold medal
- OutSafaricom PLC - lost its gold medal
The ten, and their stories
| Company | Sector | Held since | The story |
|---|---|---|---|
| Downstream and Midstream Energy | June 2026 | Read · PDF | |
| Industrial Services | August 2026 | Read · PDF | |
| Industrial Services | September 2026 | Read · PDF | |
| Upstream Energy | July 2026 | Read · PDF | |
| Insurance | October 2026 | Read · PDF | |
| Mining and Mineral Products | October 2026 | Read · PDF | |
| Industrial Services | October 2026 | Read · PDF | |
| Downstream and Midstream Energy | October 2026 | Read · PDF | |
| Consumer Vehicles and Parts | October 2026 | Read · PDF | |
| Insurance | October 2026 | Read · PDF |
What 100 euros became
Simulated: the published rules applied every month from Oct 2020 to Oct 2026, with a 0.1% cost on every trade; the market is every stock we rate, each counted equally. Simulated past performance is not a reliable indicator of future results.
Past editions
| Edition | What changed | The month before · simulated | |
|---|---|---|---|
| October 2026 | Five gold-rated dividend payers replace five that lost their medals | +0.2% | Report (PDF) |
| September 2026 | Four gold-medal dividend payers arrive as four others step aside | +7.3% | Report (PDF) |
| Before our first edition · back issues, reconstructed | |||
| August 2026 Back issue | Five in, five out as Gold Income 10 renews half its line-up | +5.6% | Report (PDF) |
| July 2026 Back issue | Seven gold-medal names arrive as seven lose their medals | -2.1% | Report (PDF) |
| June 2026 Back issue | Nine of ten names change as gold medals turn over | +5.9% | Report (PDF) |
| May 2026 Back issue | Six new gold-medal dividend payers arrive as six depart | +8.7% | Report (PDF) |
| April 2026 Back issue | Six newcomers with sturdy dividends replace six departures in Gold Income 10 | -6.8% | Report (PDF) |
| March 2026 Back issue | Four names lose their gold medals and four gold medallists replace them | +6.2% | Report (PDF) |
| February 2026 Back issue | Seven in, seven out: a broad refresh of Gold Income 10 | +8.1% | Report (PDF) |
| January 2026 Back issue | Half the portfolio turns over as five new gold names arrive | +1.0% | Report (PDF) |
Back issues were reconstructed in October 2026. Each shows what the portfolio's rules, as published today, would have held at the end of that month, worked out from the medals as they stood on that date. They were not published at the time: we have published the portfolio month by month since the September 2026 edition.
The lists, the day they're out
Each month's Conviction 10 and Gold Income 10 - every name, and the report on each - in your inbox the day they are published. Free while we launch.