The Hargeaves Lansdown Board has proposed an increased dividend of 30.0 pence per share (2023: 28.8 pence per share) payable on 1 November 2024 to shareholders on the register on 4 October 2024. This takes the total ordinary dividend per share for the year to 43.2p (2023: 41.5p).
Other financial highlights include:
Net new business of £4.2 billion
Assets Under Administration, up 16% to £155.3 billion driven by net new business and positive market movement
1,882,000 active clients, an increase of 78,000 in the year
Profit before tax decrease of 2% to £396.3 million
Underlying profit before tax increase of 4% to £456.0 million