The Hargreaves Lansdown PLC Board has declared an ordinary interim dividend of 12.26 pence per share, up 3% on the 11.9p per share declared last year. Through FY22 and FY23 they will fund the planned investment spend, in part, through the suspension of their special dividend but will reinstate it from FY24 onwards. They are to maintain a 3% p.a. growth rate in their ordinary dividend for FY22 and FY23 whilst the special dividend is suspended, reflecting the confidence the Board and management have in the company's financial and strategic outlook.
Other financial highlights include:
Net new business of £2.3 billion.
Assets under administration up 17% since 31 December 2020 to £141.2 billion.
1,693,000 active clients, an increase of 48,000 since 30 June 2021.