Just Group Plc have announced an interim dividend of 0.58 pence per share, in line with their stated policy, which represents 15% growth over last year's interim dividend.
Other financial highlights include:
Underlying operating profit is up 154% to £173m (H1 22: £68m), driven by significantly higher new business profits.
Retirement Income sales have more than doubled to £1.9bn (H1 22: £0.9bn), which has driven a 112% increase in new business profits to £161m (H1 22: £76m), with a consistently strong new business margin of 8.5% (H1 22: 8.6%).
Momentum continues into H2 23. Both the DB and retail markets remain buoyant, with a record pipeline of DB business.