By Frank Prenesti
Date: Tuesday 09 Aug 2022
LONDON (ShareCast) - (Sharecast News) - UK insurer Legal & General lifted interim operating profits on Tuesday, driven by higher interest rates and a strong annuity portfolio performance.
Operating profit rose 8% to £1.16bn. L&G's investment business saw third-party inflows jump to £65.6bn from £27.4bn a year earlier. Assets under management fell 3% to £1.3bn.
The company reported capital generation of £4.1bn said it expected to achieve the range of £8bn - £9bn by 2024.
L&G lifted its interim dividend by 5% to 5.44 pence a share.
Reporting by Frank Prenesti at Sharecast.com
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Currency | UK Pounds |
Share Price | 253.30p |
Change Today | -2.20p |
% Change | -0.86 % |
52 Week High | 256.30 |
52 Week Low | 205.80 |
Volume | 3,143,501 |
Shares Issued | 5,980m |
Market Cap | £15,146m |
RiskGrade | 166 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 2 |
Buy | 6 |
Neutral | 6 |
Sell | 1 |
Strong Sell | 0 |
Total | 15 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 25-Apr-24 | 24-Aug-23 |
Paid | 06-Jun-24 | 26-Sep-23 |
Amount | 14.63p | 5.71p |
Time | Volume / Share Price |
12:48 | 1,973 @ 253.40p |
12:48 | 4 @ 253.50p |
12:48 | 250 @ 253.50p |
12:48 | 4 @ 253.50p |
12:47 | 1,940 @ 253.35p |
Chair | John Kingman |
CFO | Jeff Davies |
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