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Legal & General Announces A 5% Increase In Interim Dividends Per Share



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Aug 7 (Reuters) -Legal & General Group PLC LGEN.L:

  • LEGAL & GENERAL GRP - L&G HALF YEAR RESULTS 2024

  • CONTINUE TO EXPECT 2024 CORE OPERATING PROFIT TO GROW BY MID-SINGLE DIGITS YEAR-ON-YEAR

  • INTERIM DIVIDENDS PER SHAREOF 6.00P, UP 5% (H1 2023: 5.71P)

  • ANNOUNCE A 5% INCREASE IN INTERIM DIVIDENDS PER SHARE, AND PROGRESS IN UNDERTAKING A £200M SHARE BUYBACK

  • WITHIN OUR CONSTRUCTION BUSINESSES SUPPLY CHAIN PRESSURE AND COST INFLATION APPEAR TO BE MODERATING,

  • CORE OPERATING PROFIT OF £849M (H1 2023: £844M)

  • PROFIT AFTER TAX(2) OF £223M (H1 2023: £377M)

  • ASSET MANAGEMENT AUM OF £1,136BN (H1 2023: £1,170BN)

  • HY CORE OPERATING EPSOF 10.58P (H1 2023: 10.52P)

  • HY SOLVENCY II COVERAGE RATIO OF 223% WITH SURPLUS OF £8.8BN

Source text for Eikon: ID:nRSG4446Za

Further company coverage: LGEN.L


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