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Aviva increases dividend by 3% to 9.50p per share

Investment Tools Ltd.
Aviva increases dividend by 3% to 9.50p per share

The Aviva Board of Directors has declared an interim dividend of 9.50 pence per share, an increase of 3%. The interim dividend is consistent with our progressive dividend policy and reflects the underlying performance of the business.

Other financial highlights include:

In the first half of 2019, Aviva's operating profit rose 1% to £1,448 million (HY18: £1,438 million).

Operating earnings per share increased 2% to 27.3 pence (HY18: 26.8 pence) while basic earnings per share rose 3.6 times to 28.2 pence (HY18: 7.9 pence).

Their performance is mixed, with operating earnings per share up 2%. They have delivered strong general insurance results with a combined ratio of 95.9%. In life insurance and asset management, operating profits declined due to challenging market conditions and the absence of a longevity reserve release.

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