Prudential is one of the UK’s premier life insurance companies, and investment management firms.
And back in the spring of 1720, Sir Isaac Newton owned shares in the South Sea Company, the hottest stock in England. Sensing that the market was getting out of hand, the great physicist muttered that he “could calculate the motions of the heavenly bodies, but not the madness of the people.” Newton dumped his South Sea shares, pocketing a 100% profit totaling £7,000. But just months later, swept up in the wild enthusiasm of the market, Newton jumped back in at a much higher price—and lost £20,000 (or more than $3 million in today’s money). For the rest of his life, he forbade anyone to speak the words “South Sea” in his presence
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Look a the performance:-
Yesterday, HICL the London listed infrastructure company paid it’s quarterly dividend.
2.06p a share.
The total issued share capital with voting rights is 1,791,142,767
Thus:- 1,791,142,767 x £0.0206 = £36,897,541.0002
That is £36m.