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Sagicor Financial Announces Strong 2023 Results
Company Announcements

Sagicor Financial Announces Strong 2023 Results

Sagicor Financial Co. Ltd. (TSE:SFC) has released an update.

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Sagicor Financial Company Ltd. reported a robust fiscal year for 2023 with a net income to shareholders of $532.1 million and announced a 7% dividend increase to $0.06 per share. The company successfully integrated ivari into its structure and achieved a shareholder equity of $970.9 million, alongside strong capital ratios. CEO Andre Mousseau expressed satisfaction with the year’s achievements and provided future guidance, including a targeted core net income for 2024 and intentions to balance growth with shareholder returns.

For further insights into TSE:SFC stock, check out TipRanks’ Stock Analysis page.

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