RSA Insurance Group plc (LON:RSA) Announces GBX 8 Dividend

RSA Insurance Group plc (LON:RSA) announced a dividend on Tuesday, September 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 12th will be given a dividend of GBX 8 ($0.10) per share by the insurance provider on Friday, December 4th. This represents a yield of 1.63%. The ex-dividend date of this dividend is Thursday, November 12th. The official announcement can be seen at this link.

Shares of LON RSA opened at GBX 492 ($6.43) on Wednesday. The firm has a market cap of $5.09 billion and a price-to-earnings ratio of 16.03. The company has a quick ratio of 1.43, a current ratio of 2.12 and a debt-to-equity ratio of 18.58. The business’s 50 day moving average is GBX 446.28 and its two-hundred day moving average is GBX 417.25. RSA Insurance Group has a 52-week low of GBX 321.20 ($4.20) and a 52-week high of GBX 736.84 ($9.63).

RSA Insurance Group (LON:RSA) last released its quarterly earnings data on Thursday, July 30th. The insurance provider reported GBX 20.60 ($0.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 22.70 ($0.30) by GBX (2.10) (($0.03)). Analysts anticipate that RSA Insurance Group will post 4915.2476574 EPS for the current fiscal year.

Several analysts have recently commented on the company. Deutsche Bank raised their price target on RSA Insurance Group from GBX 525 ($6.86) to GBX 530 ($6.93) and gave the company a “hold” rating in a report on Tuesday, September 1st. Shore Capital restated a “buy” rating on shares of RSA Insurance Group in a research report on Thursday, July 30th. UBS Group reaffirmed a “buy” rating on shares of RSA Insurance Group in a research note on Monday, July 27th. Jefferies Financial Group lowered their price objective on RSA Insurance Group from GBX 600 ($7.84) to GBX 580 ($7.58) and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. cut their price target on shares of RSA Insurance Group from GBX 600 ($7.84) to GBX 580 ($7.58) and set an “overweight” rating on the stock in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the company’s stock. RSA Insurance Group presently has a consensus rating of “Buy” and an average target price of GBX 538 ($7.03).

In other RSA Insurance Group news, insider Clare Bousfield bought 5,732 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was purchased at an average price of GBX 434 ($5.67) per share, for a total transaction of £24,876.88 ($32,506.05).

RSA Insurance Group Company Profile

RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance products. It operates through Scandinavia, Canada, and UK & International segments. The company offers a range of personal insurance products, including home, car, pet, and travel insurance products directly to its customers, as well as through brokers and agents.

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Dividend History for RSA Insurance Group (LON:RSA)

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