Prudential set to lift dividend

Prudential is expected to lift its dividend by 5 per cent in a bid to make peace with investors after its failed £22bn aquisition of AIA.

According to The Sunday Times, the increase to 6.7p a share is set to be announced when the firm reveals its interim results in two weeks time.

Analysts expect the half year figures to show strong growth in Prudential’s Asian business.

Some investors are still calling for the firm to break itself up, potentially selling off its UK arm to Clive Cowdery’s Resolution.

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