Phoenix Group Holdings announce a 5% increase in the Final 2022 dividend to 26.0 pence per share, recommended by the Board, comprising:
2.5% organic dividend increase reflecting the Group's strong strategic and financial performance in 2022; and
2.5% inorganic dividend increase that reflects the value from the Sun Life of Canada UK acquisition, which is expected to complete in April 2023 with regulatory approval now received.
50.8 pence per share Total 2022 dividend (FY21: 48.9 pence per share).
