Phoenix Group Announces £20 Million Pre-Tax Profit and Ushers in 'More Progressive' Dividend Policy

Friday, 22 March 2024, 08:08

Phoenix Group, a pensions and savings group, has turned around from a loss to a £20 million pre-tax profit. The company has also revealed plans for a 'more progressive' dividend policy going forward. This financial update signifies a positive shift in performance and strategic direction for Phoenix Group.

Phoenix Group Reports £20 Million Pre-Tax Profit

The pensions and savings group, Phoenix Group, has recently announced a significant turnaround in its financial performance, reporting a £20 million pre-tax profit.

New Dividend Policy

The company also unveiled a 'more progressive' dividend policy, signaling a strategic shift in how it returns value to shareholders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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