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PRU Prudential Plc

762.00
2.60 (0.34%)
Last Updated: 08:44:16
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Prudential Plc PRU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
2.60 0.34% 762.00 08:44:16
Open Price Low Price High Price Close Price Previous Close
757.20 754.60 762.80 759.40
more quote information »
Industry Sector
LIFE INSURANCE

Prudential PRU Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
25/08/2023InterimUSD0.062607/09/202308/09/202319/10/2023
10/03/2023InterimUSD0.130423/03/202324/03/202315/05/2023
10/08/2022InterimUSD0.057418/08/202219/08/202227/09/2022
09/03/2022InterimUSD0.118624/03/202225/03/202213/05/2022
11/08/2021InterimUSD0.053719/08/202120/08/202128/09/2021
03/03/2021InterimGBP0.077125/03/202126/03/202114/05/2021
07/08/2020InterimGBP0.041720/08/202021/08/202028/09/2020
11/03/2020InterimGBP0.208426/03/202027/03/202015/05/2020
01/08/2019InterimGBP0.164522/08/201923/08/201926/09/2019
InterimGBP0.164521/08/201923/08/201926/09/2019

Top Dividend Posts

Top Posts
Posted at 07/5/2024 07:40 by jubberjim
Bought in (dabbled my toes)and added Mng at same time

Still keeping liquidity as my doubts persist but now in line with Pru and my lack of exposure to growth shares deliberating over Dge

Getting like Pru to recent lows so will have a go if it dips below 27

All the best
Posted at 02/5/2024 19:58 by 1jat
1/2d I suspect there are significant anti-trust issues in an AIA /Pru combination…
They both hold a lot of top5 market shares across the region. Not insurmountable but definitely problematic at a market level.
Posted at 29/4/2024 10:27 by 1jat
AIA rose by 6% in HK today as it announced a 31% growth in value of new business in Q1 24 v 23.
It also announced a new capital returns policy:
75% of net free surplus to be returned to SH annually. Using 2023 as an example this is USD 2.3bn dividend (at twice the yield of Pru) and 0.6bn buy back.
Using their surplus capital they added a further $2bn to the 2024 buy back programme.

Over to Pru tomorrow.
The omens for good Q1 comparatives are strong.
Not expecting Pru to announce any capital returns…but a buy back should be considered soon.
Posted at 15/4/2024 17:47 by scorpione
The 20 dirt-cheap UK stocks that could make YOU a packet



8) PRUDENTIAL (FTSE100)
Jonathan Unwin, UK head of portfolio management at Mirabaud Wealth Management, says Prudential represents a 'compelling opportunity' for investors.

The shares have declined in value by 37 per cent over the past year – a result of being listed on the out-of-favour UK market and economic clouds in its target markets: Asia (China especially) and Africa.

Yet Unwin is convinced that Prudential's strong franchise in Hong Kong (spilling into wider China) will improve. He says: 'Its double-digit growth in revenues is not priced into its shares. Its share price is cheaper than the wider European insurance sector.'

Investor Interactive's Richard Hunter says the opportunity for the company to write additional insurance premiums with consumers in these two continents is 'significant.' The shares are priced at £7.16, and the dividend yield is modest at 2.3 per cent.
Posted at 12/4/2024 16:33 by careful
Just bought a few.
PRU shares have halved, are things that bad?

China seem to be the bogy men in the USA at the moment.
Our village idiot Ian Duncan Smith never stops slagging them off now his Brexit work is finished.

One US Government official on CNBC warned the China were trying to become the Worlds strongest economy and thus are a threat to the USA.
Of course, it is called ambition... they really are crazy in the States, they can't stand the competition as China move up the value and technology chain.
They will ban Tic Tok, it is too popular.

We have to hope that if Starmer wins we can stop taking instructions from America.
We should trade with China and India, I bought PRU today thinking that relations should improve.
Posted at 05/4/2024 11:01 by essentialinvestor
Look at what % of their profitability is derived from HK and China - that's your answer.

No point railing against the business, their closest listed competitors have also taken large share price hits.

Aviva is a UK focused business, now very little in common with PRU.

AIA may be the closest listed competitor and arguably in a stronger position than PRU - their share price down the best part of 40% over 5 years.
Posted at 27/3/2024 17:44 by jubberjim
Investors are starting to look at Xi and they are not liking what they see.

Hence avoidance of the Pru as it has made no secret of where it's direction lies and matters are not helped by the rhetoric being spouted by the aforementioned.

Investors are starting to vote with their conscience hence no matter the attraction of the company and the dividend thereof remains unloved

One to avoid in the current climate.

Sorry folks
Posted at 23/3/2024 11:00 by churchill2
It will not bounce until the Hang Seng gets off its knees. Pru HK 738 plus exchange difference 748p. The simple truth is you can buy the shares cheaper in Hong Kong than here and until that changes over a decent period of time the Pru is handcuffed. Just look at Ping AlA and other previous high flying shares all bogged down by a Chinese economy that has gone sour.
Posted at 20/3/2024 12:56 by 1jat
Cjac
My views on the current Pru. (Sorry not particularly structured as written here rather than pasted in).
The company has a number of prime positions in territories across Asia, there is diversification here, when one booms another busts, so there is always something for the optimists and the pessimists when it comes to these results. The results were presented positively and did seem to be much better than last year. The negative did appear to be the phasing of profits in 24-27 which seemed rather back loaded - and with the China re-opening in 23, it will be an achievement for 24 to be better.

The metrics for solvency are based on HK regs so it is perhaps best to compare capital strength with AIA / Ping A rather than try to compare back to UK listed stocks for comparators.
The business has been moving towards more regular premium risk business and (Health and Protection) which has improved margin.

As to the embedded value of the company, it has produced EEV and IFRS versions, both of which show the company is trading at a significant discount.

The shareholder base is an issue for Pru as its legacy is in London institutions, it needs to move more of the investor base to the Far East and that may reduce some of the East/West geo politics. Pru was trading up in HK after its results, but got trashed in London, maybe some sellers wanted to sell into the bounce but overwhelmed the London appetite to buy turning it to a selling frenzy.

The business case (addressing the protection and savings needs across Asia), is still strong and the addressable market should continue to increase. There do not appear to be operational issues relative to competitors. However the investment case rests on whether the geo political risk is adequately rewarded in the discount to book value + dividends and other shareholder value returns.
I am not sure that analysing the accounts or business presentations is going to help with this problem- but it will highlight the discount to book value. As we know other UK Financials also trade at large discounts to Book value and that is largely driven by sentiment.
Not sure what teh company can do to create a break to the upside while is faces into continued friction between China and the US.
Posted at 14/3/2024 10:11 by 1jat
The market did not take a good liking to the AIA results today.
Although NBP was up 33% to 4bn USD.

AIA paid out all its increase in EV as dividend / buy backs in 2023.

The dividend rose 5%.


My thoughts on JXN were based on two ideas
1 The US economy shows no signs of slowing and the markets are holding up well under higher interest rates (in contrast to China)
2 Management showed a lot of confidence in their ability to generate cash and to make additional returns to shareholders. They upped both the dividend and buy back target significantly.
I was surprised by the rapid rise after the results as I thought a move to $60 from $50 would come over the year….JXN is a small US player, I would not be surprised if these types of shareholder returns did not trigger some interest from larger players - that may just be buying for their funds (that is better than nothing).

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