Direct Line Insurance Group Dividend
Dividend criteria checks 2/6
Direct Line Insurance Group is a dividend paying company with a current yield of 2.15% that is well covered by earnings.
Key information
2.1%
Dividend yield
17%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | UK£0.040 |
Earnings per share | UK£0.23 |
Dividend yield forecast | 9.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DLGL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DLGL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Direct Line Insurance Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DLGL) | 2.1% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.5% |
Industry Average (Insurance) | 5.0% |
Analyst forecast (DLGL) (up to 3 years) | 9.2% |
Notable Dividend: DLGL's dividend (2.15%) is higher than the bottom 25% of dividend payers in the UK market (2.05%).
High Dividend: DLGL's dividend (2.15%) is low compared to the top 25% of dividend payers in the UK market (5.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.2%), DLGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DLGL is paying a dividend but the company has no free cash flows.