Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. 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. The company also provides management, motor vehicle repair, insurance intermediary, support and operational, legal, and breakdown recovery services. It sells its insurance products directly through price comparison Websites and phone, as well as through partners and brokers under the Direct Line, Churchill, Green Flag, Direct Line for Business, DLG Partnerships, NIG, Privilege, DLG Legal Services, Darwin, and DLG Auto Services brands. The company was formerly known as RBS Insurance Group Limited and changed its name to Direct Line Insurance Group plc in February 2012. Direct Line Insurance Group plc was founded in 1985 and is based in Bromley, the United Kingdom.
Direct Line Insurance Dividend Announcement
• Direct Line Insurance announced a semi annually dividend of £2.00 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-12
• Direct Line Insurance annual dividend for 2024 was £6.00
• Direct Line Insurance's trailing twelve-month (TTM) dividend yield is 2.42%
• Direct Line Insurance's payout ratio for the trailing twelve months (TTM) is 16.40%
Direct Line Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | £2.00 | semi annually | 2024-10-11 |
2024-04-04 | £4.00 | semi annually | 2024-05-17 |
2022-08-11 | £7.60 | semi annually | 2022-09-09 |
2022-04-07 | £15.10 | semi annually | 2022-05-17 |
2021-08-12 | £7.60 | semi annually | 2021-09-03 |
2021-04-08 | £14.70 | semi annually | 2021-05-20 |
2020-08-13 | £14.40 | semi annually | 2020-09-04 |
2020-04-09 | £14.40 | semi annually | 2020-05-21 |
2019-08-08 | £7.20 | semi annually | 2019-09-06 |
2019-04-04 | £8.30 | semi annually | 2019-05-16 |
2018-08-09 | £7.00 | semi annually | 2018-09-07 |
2018-04-05 | £15.00 | semi annually | 2018-05-17 |
2017-08-10 | £6.80 | semi annually | 2017-09-08 |
2017-03-16 | £9.70 | semi annually | 2017-05-18 |
2016-08-11 | £10.00 | semi annually | 2016-09-09 |
2016-03-10 | £8.80 | semi annually | 2016-05-19 |
2015-08-13 | £4.60 | semi annually | 2015-09-11 |
2015-06-30 | £27.50 | semi annually | 2015-07-24 |
2015-03-12 | £4.00 | semi annually | 2015-04-17 |
2014-08-13 | £10.00 | semi annually | 2014-09-12 |
2014-03-12 | £4.00 | semi annually | 2014-05-20 |
2013-12-04 | £4.00 | semi annually | 2013-12-31 |
2013-08-14 | £4.20 | semi annually | 2013-09-26 |
2013-03-06 | £8.00 | semi annually | 2013-06-11 |
Direct Line Insurance Dividend per year
Direct Line Insurance Dividend growth
Direct Line Insurance Dividend Yield
Direct Line Insurance current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Direct Line Insurance stock? Use our calculator to estimate your expected dividend yield:
Direct Line Insurance Financial Ratios
Direct Line Insurance Dividend FAQ
Other factors to consider when evaluating Direct Line Insurance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Direct Line Insurance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Direct Line Insurance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Direct Line Insurance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Direct Line Insurance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Direct Line Insurance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Direct Line Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Direct Line Insurance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Direct Line Insurance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Direct Line Insurance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.