Legal and General announce dividend increase of 7.2%

DividendMax Ltd.

Legal and General announce dividend increase of 7.2%

Legal and General have announced an interim dividend of 4.93p per share, an increase of 7.2% from 4.6p per share.

Other financial highlights include:

Operating profit of £1,005m, up 11% (H1 2018: £909m)

Earnings per share of 14.74p, up 13% (H1 2018: 13.00p)

Return on equity at 20.2% (H1 2018: 20.3%)

Interim dividend of 4.93p per share (H1 2018: 4.60p)

Profit after tax up 13% to £874m (H1 2018: £771m)

Net release from continuing operations up 29% to £858m (H1 2018: £663m)

Solvency II operational surplus generation up by 17% to £0.8bn (H1 2018: £0.7bn)

Solvency II coverage ratio of 171% (FY 2018: 188%)

Companies mentioned