Royal & Sun Alliance Celebrates with Increase

Summary


Royal & Sun Alliance celebrated last week-end's legal completion of its exit from its troubled US operation with a 35 per cent increase in its final dividend to reflect "our confidence in the earnings of the group and our capital strength", writes Nevill Boyd Maunsell.

That came with a promise to raise next year's half-time pay-out "by at least inflation plus 35 per cent".

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Extract


Royal & Sun Alliance Celebrates with Increase

This points to a yield of about four per cent on last night's share price of 162, 3Vpounds p higher on t...

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