Prudential increases its 2016 full year dividend by 12%

DividendMax Ltd.

Prudential increases its 2016 full year dividend by 12%

Performance highlights on a constant (and actual) exchange rate basis

Asia IFRS operating profit of £1,644 million, up 15 per cent (up 28 per cent)

Asia new business profit of £2,030 million, up 22 per cent (up 37 per cent)

US life insurance IFRS operating profit of £2,052 million, up 8 per cent (up 21 per cent)

UK life retail APE sales of £1,160 million, up 33 per cent, with PruFund APE sales up 52 per cent to £873 million

M&G total assets under management of £265 billion, with external assets under management up 8 per cent

Full year 2016 ordinary dividend increased by 12 per cent to 43.5 pence per share

Group Solvency II surplus estimated at £12.5 billion; equivalent to a cover ratio of 201 per cent

The Group is on course to achieve its 2017 financial objectives

Companies mentioned