After years of getting stuck in the first gear, Aviva (LSE: Of.) The shares are joyful now. This is a brilliant news for long -term investors who have won the winning combination of stock prices and high and growing dividend.

The price of Aviva shares has increased by 150% over the past five years. At the same time, a rival’s actions Legal and general group Only 15%. It is 10 times larger than height.

The transformation was powered by Amanda Blanc CEO, which pushed through the sale of assets, focused on basic companies and worked difficult to improve performance. Investors were awarded for their patience.

Accelerating growth

The latest results, published on August 14, showed a 22% bumper in half a year of operating profit up to 1.07 billion GBP, helped price increases and higher premium income. The net flow of wealth increased by 16% to 5.8 billion GBP.

The council raised a momentary dividend by 10% to 13.1 Pens, emphasizing the management of the management towards the rewarding shareholders.

The actions also benefited from a wider market trend, because global investors are rediscovering the attractions of the finance of FTSE 100 FTSE 100. Markets are now looking at November, when the group presents more details about taking over a direct line worth 3.7 billion pounds, which can add a further scale.

FTSE 100 income winner

Momentum is clear at the price of the action. Over the past 12 months, Aviva has increased by 33.75%. Add dividend performance of 5.45%, and the total return increases to 39.2%. This means that the investor who placed 10,000 pounds a year ago will be £ 13,920 today. This is an impressive result for a company that was considered a little ploder not so long ago.

At some point it can sluggish down. We may not be far from this. The consensus broker forecasts give an average 12-month target price of 671.2 pence. It’s only 2.25% above where we are now.

It is forecasted that the dividend will escalate to 5.87%, which, if it is correct, would give a forecast a total refund of approximately 8.1%. If our investor invested 13,920 pounds, this would accelerate their participation to 15,047 pounds. This is quite a clever return for just two years.

Stock market risk

There are threats to consider. The global shock of the market could undermine the value of Aviva’s managed assets and sluggish inflows. The direct line agreement contains implementation challenges, as always, takes over. It is a competitive sector, and modern growth areas, such as mass pensions, can quickly become crowded.

With a high price -profit ratio, the group will still have to provide powerful results to justify today’s high valuation.

Still, I think the long -term case remains solid. Blanc has restored the momentum and even if the escalate slows down, there is still such income. Analysts are mostly supportive, and nine out of 15 evaluate actions, and five speak. Nobody says sales.

I already have a huge exposure to FTSE 100 Financials, including legal and general. I stick to this, in the hope that one day I will also enjoy a pointed growth. I could be some weight.

For others, I think Aviva is worth considering, but with a long -term view, because emotions can sluggish down a bit.