You are here: Home - Investing - Experienced Investor - News -

Stock of the Week: Prudential

0
Written by: YourMoney.com
13/08/2018
Ian Forrest, investment research analyst at The Share Centre, picks Prudential as stock of the week.

This week’s share of the week is British life insurance and financial services company Prudential amid the rumours that a Chinese financial services group is considering a bid for Prudential’s Asian business.

Interim results in August reported a 9% increase in operating profit to £2.4bn and once again the CEO highlighted that performance had again been led by Asia, where profits were up by 7%.

The demographics of many Asian regions, and the rise of the middle class, should provide a good growth story for Prudential for some time to come.

Overall capital solvency surplus rose to £14.4bn and the group raised its dividend by 8% to 15.67 pence and while the dividend yield is modest compared to its peers, this is set to grow over the years.

We continue to recommend Prudential as a low to medium risk long-term ‘buy’ for investors looking for a positive investment idea that spans a number of regions.


There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

  • RT @Defaqto: Will your home insurance leave you out in the cold? 🤔 Only a fifth of home contents insurance policies, and a quarter of home…
  • RT @Defaqto: Will your home insurance leave you out in the cold? 🤔 Only a fifth of home contents insurance policies, and a quarter of home…
  • Will your home insurance leave you out in the cold? 🤔 Only a fifth of home contents insurance policies, and a quar… https://t.co/36dfADXYr4

Read previous post:
Half of first-time homeowners say buying process made them ill

First-time buyers are sacrificing health, relationships and careers to get on the housing ladder, research shows.

Close