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

Direct Line Insurance Group plc (LON:DLGGet Free Report) announced a dividend on Thursday, March 21st, Upcoming.Co.Uk reports. Investors 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 yield of 1.89%. The ex-dividend date is Thursday, April 4th. The official announcement can be seen at this link.

Direct Line Insurance Group Trading Down 2.3 %

LON:DLG opened at GBX 190.60 ($2.39) on Tuesday. The stock has a market cap of £2.48 billion, a PE ratio of 1,189.38, a price-to-earnings-growth ratio of 2.22 and a beta of 0.44. Direct Line Insurance Group has a fifty-two week low of GBX 132.12 ($1.66) and a fifty-two week high of GBX 240.10 ($3.01). The company has a debt-to-equity ratio of 18.60, a current ratio of 0.60 and a quick ratio of 0.28. The stock’s 50-day moving average is GBX 186.13 and its two-hundred day moving average is GBX 179.18.

Analysts Set New Price Targets

DLG has been the topic of a number of research analyst reports. Barclays raised shares of Direct Line Insurance Group to an “equal weight” rating and boosted their price objective for the company from GBX 188 ($2.36) to GBX 219 ($2.75) in a research report on Thursday, February 29th. Berenberg Bank restated a “buy” rating and set a GBX 195 ($2.45) price target on shares of Direct Line Insurance Group in a 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 company’s stock. According to MarketBeat.com, Direct Line Insurance Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 206.25 ($2.59).

View Our Latest Stock Report on DLG

Direct Line Insurance Group Company Profile

(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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