Pheonix Group Holdings Plc has recommended a final dividend of 24.8p per share, which is expected to be paid on 9 May 2022. The ordinary shares will be quoted ex-dividend on the London Stock Exchange as of 31 March 2022. The record date for eligibility for payment will be 1 April 2022.
Other financial highlights include:
Record cash generation of £1,717m in 2021 (2020: £1,713m), exceeding their £1.5bn-to-£1.6bn target range for the year.
2021 cash generation includes c.£400m of integration synergies, with integration synergies to date across the Standard Life and ReAssure acquisitions now in excess of £2.5bn.
