Direct Line Insurance Group PLC (LON:DLG) Declares GBX 6.80 Dividend

Direct Line Insurance Group PLC (LON:DLG) announced a dividend on Tuesday, August 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 10th will be given a dividend of GBX 6.80 ($0.09) per share on Friday, September 8th. This represents a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, August 10th. The official announcement can be viewed at this link.

Direct Line Insurance Group PLC (LON:DLG) traded down 0.95% during mid-day trading on Friday, hitting GBX 385.10. 3,421,159 shares of the stock traded hands. The firm’s market cap is GBX 5.26 billion. Direct Line Insurance Group PLC has a 12-month low of GBX 316.30 and a 12-month high of GBX 411.30. The stock has a 50 day moving average price of GBX 378.05 and a 200 day moving average price of GBX 357.28.

COPYRIGHT VIOLATION WARNING: “Direct Line Insurance Group PLC (LON:DLG) Declares GBX 6.80 Dividend” was reported by BNB Daily and is the property of of BNB Daily. If you are reading this story on another publication, it was stolen and republished in violation of international copyright legislation. The correct version of this story can be viewed at https://www.baseball-news-blog.com/2017/08/19/direct-line-insurance-group-plc-plans-dividend-of-gbx-6-80-londlg-updated.html.

DLG has been the topic of several analyst reports. Peel Hunt reissued a “hold” rating and issued a GBX 360 ($4.67) target price on shares of Direct Line Insurance Group PLC in a research report on Wednesday, May 3rd. Shore Capital reaffirmed a “sell” rating on shares of Direct Line Insurance Group PLC in a research report on Wednesday, May 3rd. Barclays PLC boosted their target price on shares of Direct Line Insurance Group PLC from GBX 337 ($4.37) to GBX 339 ($4.40) and gave the stock an “equal weight” rating in a research report on Thursday, May 4th. Goldman Sachs Group, Inc. (The) boosted their price objective on shares of Direct Line Insurance Group PLC from GBX 360 ($4.67) to GBX 370 ($4.80) and gave the stock a “neutral” rating in a research note on Monday, May 8th. Finally, J P Morgan Chase & Co boosted their price objective on shares of Direct Line Insurance Group PLC from GBX 395 ($5.13) to GBX 415 ($5.39) and gave the stock an “overweight” rating in a research note on Tuesday, June 6th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the stock. Direct Line Insurance Group PLC has a consensus rating of “Hold” and an average target price of GBX 389.08 ($5.05).

Direct Line Insurance Group PLC Company Profile

Direct Line Insurance Group plc is a United Kingdom-based personal and small business general insurer. The principal activity of the Company is managing its investments in subsidiaries, providing loans to those subsidiaries, raising funds for the Group and the receipt and payment of dividends. The Company’s operating segments include Motor, Home, Rescue and other personal lines, Commercial and Run-off.

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

Receive News & Ratings for Direct Line Insurance Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direct Line Insurance Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply