Stock Groups

Virgin Money brings back dividend, sets new medium-term targets -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: A Virgin Money Store in Central London, Britain. July 27, 2021. REUTERS/Henry Nicholls

(Reuters] – Virgin Money UK (LON:), UK restored its dividend Thursday as the bank’s earnings improved following the COVID-19 pandemic. It set new medium term targets, which called for more growth in the bank’s margins.

David Duffy, Chief Executive of the company stated in a statement that “We performed strongly in FY21 with an expected return at statutory profit after tax supported by significant underlying profits growth.”

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this website’s data including quotes and charts. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]