<\/p>\n
PSG Financial Services reported a 33.5% increase in recurring headline earnings per share (Heps) for the year ended 28 February 2026, supported by higher assets under management and stronger investment income.<\/p>\n
A final dividend of 45.0 cents per share was declared, bringing the total dividend for the year to 65.0 cents per share, up 25% from the previous period.<\/p>\n
Listen\/Read:
Lambrechts lined up as new PSG Financial Services chair
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Strong results from PSG despite tough market<\/p>\n
PSG notes the dividend payout is reflective of its \u201csound financial position and confidence in its prospects\u201d.<\/p>\n
PSG share price<\/p>\n
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In the period under review, the group delivered a return on equity of 31.7%, while total assets under management rose 19.9% to R564.6 billion. This included R480.9 billion in PSG Wealth, up 17.3%, and R83.7 billion in PSG Asset Management, up 37.7%.<\/p>\n
Gross written premiums at PSG Insure increased 5.% to R8 billion.<\/p>\n
The group maintained a capital cover ratio of 260%, above the regulatory minimum of 100%, and continued to generate strong cash flows.<\/p>\n
During the year, PSG repurchased and cancelled 12.3 million shares at a cost of R296.9 million.<\/p>\n
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Chief executive Francois Gouws says favourable markets supported earnings growth despite challenging operating conditions.<\/p>\n
He adds that both global and domestic markets may be \u201crunning ahead of underlying economic fundamentals\u201d.<\/p>\n
\u201cDeveloped markets remain heavily indebted [and] political populism continues to complicate policymaking \u2026 Military tension in the Gulf has been a further source of concern.\u201d<\/p>\n
Turning to South Africa, Gouws says the country needs a \u201cmore coherent and forward-looking\u201d economic strategy \u2013 an integrated plan that moves \u201cbeyond crisis management\u201d.<\/p>\n
#PSG #earnings #dividend #jumps<\/p>\n","protected":false},"excerpt":{"rendered":"
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