Direct Line Insurance Group (DLG)

Sector:

Insurance

Index:

FTSE 250

202.20p
   
  • Change Today:
    -4.80p
  • 52 Week High: 225.80
  • 52 Week Low: 133.90
  • Currency: UK Pounds
  • Shares Issued: 1,311.39m
  • Volume: 367,112
  • Market Cap: £2,651.63m
  • RiskGrade: 472

Direct Line unveils £100m buyback and ups dividend

By Sean Farrell

Date: Tuesday 08 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Direct Line announced a £100m share buyback and increased its final dividend as the insurance group posted an increase in annual operating profit.
Operating profit for the year to the end of December rose 11.4% to £581.8m as gross written premiums dipped 0.3% to £3.17bn.

The FTSE 250 group said it would buy back £100m of its own shares and increased its final dividend by 2.7% to 15.1p a share.

Pretax profit fell by £5.4m to £446m because of £62m of restructuring and one-off costs including the purchase of its office in Bromley, south London.

Penny James, chief executive of Direct Line, said: "I am delighted by the group's strong performance and proud of the way we have navigated the complexities of a challenging market."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DLG Market Data

Currency UK Pounds
Share Price 202.20p
Change Today -4.80p
% Change -2.32 %
52 Week High 225.80
52 Week Low 133.90
Volume 367,112
Shares Issued 1,311.39m
Market Cap £2,651.63m
RiskGrade 472

DLG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.53% above the market average39.53% above the market average39.53% above the market average39.53% above the market average39.53% above the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Price Trend
32.52% above the market average32.52% above the market average32.52% above the market average32.52% above the market average32.52% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
86.13% above the market average86.13% above the market average86.13% above the market average86.13% above the market average86.13% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
47.25% below the market average47.25% below the market average47.25% below the market average47.25% below the market average47.25% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 6
Sell 1
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DLG Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 11-Aug-22
Paid 17-May-24 09-Sep-22
Amount 4.00p 7.60p

Trades for 11-Jun-2024

Time Volume / Share Price
10:28 537 @ 202.20p
10:28 296 @ 202.20p
10:28 176 @ 202.20p
10:28 306 @ 202.20p
10:28 271 @ 202.20p

DLG Key Personnel

Chair Danuta Gray
CEO Adam Winslow

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