The Intermediate Capital Group Board has approved an interim dividend of 18.7p, an increase of 10% on the previous year.
Other financial highlights include:
- Continued growth in third-party fee income: £199.0m during the period, an increase of 29% compared to H1 FY21
- Fund Management Company: profit before tax of £120.9m, an increase of 35% compared to H1 FY21
- Investment Company: NIR of 18% driven by strong fund performance, profit before tax of £143.8m
- Balance sheet supporting growth: seed investments made on behalf of new strategies totalling £115.7m