The Schroders Board has recommended an interim dividend of 37 pence per share, which represents a 6% increase

DividendMax Ltd.

The Schroders Board has recommended an interim dividend of 37 pence per share, which represents a 6% increase

Reflecting the Schroders Group's strong capital position and financial performance, the Board has declared an interim dividend of 37.0 pence per share (H1 2020: 35.0 pence per share). The dividend will be paid on 23 September 2021 to shareholders on the register at 20 August 2021. 

Other financial highlights include:

Delivered strong results with profit before tax and exceptional items of £407.5 million in the first six months of 2021.

Client investment performance remained strong with 87% of assets outperforming their relevant comparator over one year, 75% over three years and 82% over five years, demonstrating the value of an active investment management approach.

Generated net new business of £17.9 billion, as assets under management increased 6% to a new high of £700.4 billion. Excluding joint ventures and associates, they generated net new business of £10.5 billion and assets under management reached £602.4 billion.

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