Jupiter Fund Management increases annual dividend by 12.8%

DividendMax Ltd.

Jupiter Fund Management increases annual dividend by 12.8%

Jupiter Fund Management plc

RESULTS FOR THE YEAR 31 DECEMBER 2012

28 February 2013

2012 was another positive year for Jupiter as we continued to position the business for growth.

 

 

 

Year ended

31 December 2012

Year ended

31 December 2011

 

 

Assets under management (£bn)

 

26.3

22.8

 
 

Net inflows (£bn)

 

1.0

0.7

 
 

EBITDA (£m)

 

124.2

134.9

 
 

EBITDA margin (per cent.)

 

51

54

 
 

Profit before tax (£m)

 

73.6

70.3

 
 

Underlying earnings per share (p)

 

19.0

19.1

 
 

Total dividend per share (p)

 

8.8

7.8

 

 

Edward Bonham Carter, Chief Executive, commented:

"Our strong investment performance, brand and distribution capabilities have helped Jupiter steer a steady course through another challenging year for financial markets. This, combined with our increasingly robust balance sheet and confidence in our growth prospects, has led the Board to recommend increasing our total dividend by 13 per cent. to 8.8p."

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