19 November 2020 - interim results

Interim results have been released by Investec with the highlight being a reinstatement of dividend payments, albeit at half the level of the same time last year.  An interim dividend of 5.5p per share was declared versus 11.0p in 2019.  Total operating income in the six months ended 30 September 2020 was £729.0m, down from £959.3m in the same period in 2019.  Adjusted basic earnings per share halved to 11.2p (2019: 22.4p) so the dividend declared is covered more than twice.  As at 30 September 2020 the  net asset . . .

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