July 31 (Bloomberg) -- Prudential Plc 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 Amoses5@bloomberg.net.
To contact the editor responsible for this story: Paul Armstrong at Parmstrong10@bloomberg.net.