- London-listed Aviva is a leading provider of life & general insurance as well as savings and pension products.
- The firm has offloaded most of its Asian and Continental European businesses as it aims to concentrate on core markets in the UK, Ireland and Canada.
- This has left it with billions in surplus capital for debt reduction and direct returns to shareholders.
- At the current 400 pence share price, the 21 pence annual dividend makes for a yield of over 5%.
- Its core markets are inherently low growth, but it should still be able to grind out decent dividend growth aided by the eventual deployment of surplus capital.
For further details see:
Aviva: A 5.25% Dividend Yield For Income Investors