The Legal & General Group Board has declared an interim dividend of 5.44p, up 5% from the prior year (5.18p). This is consistent with their stated ambition to grow the dividend at 3-6% per annum between 2021 and 2024.
Other financial highlights include:
Operating profit of £1,160m, up 8% (H1 2021: £1,079m)
Earnings per share of 19.28p, up 8% on H1 2021 (17.78p)
Profit after tax of £1,153m (H1 2021: £1,065m) and Return on equity of 21.3% (H1 2021: 22.0%)
Solvency II coverage ratio of 212% (H1 2021: 182%)
