Henderson increases its 2014 final dividend by 12.5%

DividendMax Ltd.

Financial highlights

Assets under management (AUM) at 31 December 2014 up 8% to £81.2bn (31 December 2013: £75.2bn)

Net inflows for the year of £7.1bn (2013: £2.5bn)

Underlying profit before tax from continuing operations of £187.8m, up 13% (2013: £165.5m)

Diluted continuing underlying EPS of 14.7p, up 13% (2013: 13.0p)

Capital surplus of £44m¹ without recourse to the waiver from consolidated supervision

Board recommends a final dividend of 6.40p per share to take the total dividend for the year to
9.00p per share, up 12.5% in sterling terms

  Business update

Strong investment performance: 83% of funds outperforming relevant metrics over three years²

Net new money growth from continuing operations of 11%, well ahead of the industry

Market share gains in our major markets in each quarter of 2014

Outlook

Strong start to 2015, with Retail flows to 20 February tracking ahead of 2014 average

  Andrew Formica, Chief Executive of Henderson, said:

"Last year was very successful for Henderson. We delivered strong investment returns for our clients, our best ever year of inflows and record profits. We continued to invest in people and new systems, and we expanded our global reach, all of which significantly contributed to the progress we are making to grow and diversify our business.

"This year has started well, with renewed client demand for European assets. As last year's results demonstrate, our business is becoming stronger across market cycles, and we look forward to continued growth in the years ahead."