Investec Posts Record Dividend as Loan Growth Boosts Profit
Investec will pay a record dividend for the third year in a row after the bank's operating profit surpassed the £1 billion ($1.3 billion) mark for the first time.
The specialist lender with operations in the UK and South Africa posted a 7.8% increase in 'pre-provision' adjusted operating profit to £1.04 billion, buoyed by a 5% jump in revenue, it said in a statement on Thursday.
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