Prudential to Boost Dividend by 20 Percent, Telegraph Reports

Prudential Plc (PRU) will raise its half- year dividend by 20 percent this week on better interim earnings and a bid to improve its relationship with investors, the Sunday Telegraph reported, citing analysts.

The dividend will jump to 7.95 pence a share on operating profit of 970 million pounds ($1.6 billion), the newspaper said. The London-based insurer raised its dividend by 20 percent in March after 2010 profit beat expectations.

To contact the reporter on this story: Abigail Moses in London at

To contact the editor responsible for this story: Paul Armstrong at

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