Phoenix Group Plc has declared an interim dividend of 24.8 pence per share

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Phoenix Group  Plc has declared an interim dividend of 24.8 pence per share

The Pheonix Group Board has declared an Interim dividend of 24.8p per share, equal to the 2021 Final dividend, which is an increase of 3% year-on-year (H1 2021 Interim dividend: 24.1p per share), reflecting the 2021 organic dividend increase.

Ahead of the 2022 FY results, the Board will assess if organic business growth can fund a further sustainable dividend increase, in addition to the 2.5% inorganic dividend increase proposed for the Sun Life of Canada UK acquisition.

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