Prudential PLC raises 2024 interim dividend by 32.6%

Prudential PLC, a leading insurance and financial services company based in the UK, has announced a substantial increase in its interim dividend for 2024. The dividend will rise by 32.6%, bringing the payment to 6.84 pence per share. This marks the fourth consecutive year that Prudential has increased its dividend, reflecting the company's commitment to returning value to its shareholders.

The ex-dividend date for this payout is set for 5 September 2024, with the payment scheduled for 23 October 2024. At the current share price of 657 pence, this dividend translates to a yield of 2.5% before taxes.

Prudential PLC specializes in providing life insurance, health insurance, and asset management services across Asia, Africa, and the United States. The company operates through its well-known subsidiaries, such as Prudential Corporation Asia, Jackson National Life Insurance Company in the U.S., and Prudential Africa. Despite a challenging year that has seen its share price decline by 26%, Prudential maintains a market capitalization of approximately GBP 17.85 billion.

For more detailed information, shareholders and potential investors can visit Prudential's Investor Relations page.