Direct Line Insurance Group plc (LON:DLG) to Issue GBX 4 Dividend

Direct Line Insurance Group plc (LON:DLGGet Free Report) announced a dividend on Thursday, March 21st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 4th will be paid a dividend of GBX 4 ($0.05) per share on Friday, May 17th. This represents a dividend yield of 1.89%. The ex-dividend date of this dividend is Thursday, April 4th. The official announcement can be seen at this link.

Direct Line Insurance Group Stock Performance

Shares of Direct Line Insurance Group stock opened at GBX 190.84 ($2.40) on Wednesday. The company has a market cap of £2.48 billion, a PE ratio of 1,203.75, a price-to-earnings-growth ratio of 2.22 and a beta of 0.44. Direct Line Insurance Group has a 52 week low of GBX 132.12 ($1.66) and a 52 week high of GBX 240.10 ($3.01). The business has a 50 day moving average price of GBX 186.60 and a 200-day moving average price of GBX 179.25. The company has a quick ratio of 0.28, a current ratio of 0.60 and a debt-to-equity ratio of 18.60.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Barclays raised Direct Line Insurance Group to an “equal weight” rating and increased their price objective for the stock from GBX 188 ($2.36) to GBX 219 ($2.75) in a research note on Thursday, February 29th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 195 ($2.45) price target on shares of Direct Line Insurance Group in a research report on Thursday, February 29th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Direct Line Insurance Group has an average rating of “Moderate Buy” and a consensus price target of GBX 206.25 ($2.59).

Read Our Latest Report on DLG

About Direct Line Insurance Group

(Get Free Report)

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through four segments: Motor, Home, Rescue and Other Personal Lines, and Commercial. It offers motor, home, rescue, travel, creditor, and pet insurance products, as well as insurance for mid-to-high-net worth customers; and commercial insurance for small and medium-sized enterprises.

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Dividend History for Direct Line Insurance Group (LON:DLG)

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