Caledonia Investments plc (CALEF) is a little-known British investment trust company with an impressive track record of dividend growth that I came across recently. After giving it a more in-depth look, I am now sharing my views of the company with readers on SA.
Kindly note: I will, hereafter, refer to the company as plainly "Caledonia". I have furthermore decided not to convert sterling figures to US dollars (which I usually do), as given the current uncertainty, I expect ongoing volatility of exchange rates.
Overview
So, what exactly is Caledonia? The company was