TheChesnara Board has declared a 2022 interim dividend of 8.12p per share (HY 2021 interim dividend of 7.88p), which is a 3% increase compared to HY 2021 and extends the period of uninterrupted dividend growth to 18 years.
Other finacial highlights include:
Completion of the Sanlam Life & Pensions and Robein Leven transactions
Proposed acquisition of Conservatrix's insurance portfolio in the Netherlands
Positive divisional commercial cash generation of £18.6m
Strong solvency of 195%, above usual 140-160% operating range
Economic value ("EcV") of £526.7m (351p per share)