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Hargreaves boosts dividend as interim profit jumps, new clients at record level

Feb 1 (Reuters) - British fund supermarket Hargreaves Lansdown raised its dividend and posted a 10% jump in profit for the first half of its fiscal year, as it brought in a record number of new clients on the back of a market recovery post the coronavirus selloff.

“As our client numbers continue to grow, we are finding that younger people are taking a greater interest in investing for the future, with the average age of our clients continuing to fall,” Chief Executive Officer Chris Hill said in a statement on Monday. (Reporting by Muvija M in Bengaluru; Editing by Shounak Dasgupta)

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