Trade M&G plc - MNG CFD

Trading Conditions
Spread0.0100
Long position overnight fee
Long position overnight fee

Margin. Your investment
£1,000.00
Overnight fee
Charges from full value of position
-0.025295 %
(-£1.01)

Trade size with leverage ~ £5,000.00

Short position overnight fee ~ £4,000.00


-0.025295%
Short position overnight fee
Short position overnight fee

Margin. Your investment
£1,000.00
Overnight fee
Charges from full value of position
0.003377 %
(£0.14)

Trade size with leverage ~ £5,000.00

Short position overnight fee ~ £4,000.00


0.003377%
Overnight fee time21:00 (UTC)
CurrencyGBP
Min traded quantity1
Margin20
Stock exchangeUnited Kingdom of Great Britain and Northern Ireland
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close1.9945
Open1.9835
1-Year Change-2.58%
Day's Range1.97 - 1.9875

M&G plc Company profile

About M&G PLC

M&G PLC is a United Kingdom-based savings and investment company. The Company manages investments for both individuals and for institutional investors, such as pension funds. The Company serves its savings and insurance customers under the Prudential brand in the United Kingdom and Europe and for asset management in South Africa, and under the M&G Investments brand for asset management clients in the rest of the world. The Company operates across two operating segments: Savings & Asset Management, and Heritage. The Company's segment Savings and Asset Management business provide a range of retirement, savings, and investment management solutions to its retail and institutional customers and clients. The Heritage Segment comprises its annuities and corporate pensions businesses. The Company also provides model portfolio services and asset management solutions. The Company serves customers to approximately 29 markets.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, M&G PLC revenues increased 26% to £17.77B. Net income decreased 93% to £83M. Revenues reflect increase in net premium earned. Net income was offset by Movements in third-party interest in con increase from £109M (income) to £1.02B (expense), Restructuring costs increase of 30% to £193M (expense), Interest expense increase of 5% to £161M (expense). Dividend per share remained flat at £0.18.