Mar 8, 2018
Aviva increases full-year dividend and plans buyback
Insurer Aviva increased its full-year dividend by almost a fifth and promised to return another £500m to shareholders this year, after announcing that its disposal programme was complete. Shares in Aviva were down 1 per cent in morning trading on Thursday. The news on cash returns came as Aviva announced results for 2017. Profits from Aviva Investors, the group's fund management business, rose 19 per cent to £164m as assets under management swelled 2 per cent to £353bn. The full-year dividend was increased by 18 per cent to 27.4p per share.
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