Aegon released an FY 18 pre-tax underlying earnings of €2,074m, down 3.3% yoy, but net profit dropped to €744m. Earnings were hit by fair value losses (€257m) and the charges of the legal settlement in the US, the book loss on divestments and model and assumption changes (€581m). The proposed final dividend is €0.15/share. Aegon set new targets for 2019-21, with mainly a dividend pay-out to shareholders in the range of 45-55% of capital generation.
14 Feb 2019
Mixed H2 18, but higher dividend and upgraded targets
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Mixed H2 18, but higher dividend and upgraded targets
Aegon Ltd. (AEGN:WBO) | 0 0 -0.2% | Mkt Cap: 11,572m
- Published:
14 Feb 2019 -
Author:
Bassem Neifer -
Pages:
3
Aegon released an FY 18 pre-tax underlying earnings of €2,074m, down 3.3% yoy, but net profit dropped to €744m. Earnings were hit by fair value losses (€257m) and the charges of the legal settlement in the US, the book loss on divestments and model and assumption changes (€581m). The proposed final dividend is €0.15/share. Aegon set new targets for 2019-21, with mainly a dividend pay-out to shareholders in the range of 45-55% of capital generation.