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DGG Domestic & Gen.

1,420.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Domestic & Gen. DGG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1,420.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
1,420.00
more quote information »

Domestic & General DGG Dividends History

No dividends issued between 26 Apr 2014 and 26 Apr 2024

Top Dividend Posts

Top Posts
Posted at 18/6/2007 11:20 by typo56
Yes thanks Pugugly, I've done okay. I picked up a reasonable amount of DGG and ITE in the closing auction on Friday. I wish I'd had the courage to go for a lot more though.
Posted at 15/6/2007 17:48 by typo56
Pugugly - Don't panic.

I'm fairly sure that the fall this afternoon was due to them leaving the FTSE Small Cap index and joining the FTSE250 on Monday. There are two stocks doing this - DGG and ITE. Have a look at what happened to ITE this afternoon - much the same. I think it's the effect of tracker funds adjusting their weightings. Perhaps a stock at the top of the Small Cap index has more of a tracker following than a stock at the bottom of the FTSE250.

My guess is that we will see a firm recovery next week. A buying opportunity IMO.
Posted at 11/12/2006 21:20 by momentos
He's a sharp one that NT, its only been rising steadily for 3 1/2 years!
Posted at 30/5/2006 14:02 by tole
Domestic & General lifts dividend
30.05.2006

Domestic & General, the extended warranty supplier, announced solid results for last year and said it was hiking its cash return.

The group delivered a 19.5% rise in pre-tax profit to £35.0m for the year to March from £29.3m a year earlier, while revenues rose 14.5% to £277.0m. UK Warranty revenue rose 11% to £240.7m.

Referring to the recent slowdown in consumer demand, Domestic said "Our business model, which seeks new business from several years of customers' appliance purchase data, coupled with our strong renewal book, helps insulate against any short term lack of consumer demand for appliances."

"This provides solid bedrock on which we have built well over the past few years to produce a good return to our trade partners and another year of strong results for the group," added Domestic & General.

The group has proposed a final dividend of 22.75p per share, taking its total dividend for the year up 20.3% to 32.50p per share.
Posted at 30/5/2006 09:45 by tole
Loking good to break highs.

Domestic & General posts record FY profit; 'confident of continued progress'

LONDON (AFX) - Domestic & General Group PLC reported record full year profit
and said it is "confident of continued progress" in the current year.
The insurance group, which specialises in extended warranties for household
appliances, reported pretax profit up 19.5 pct to a record 35.0 mln stg for the
year to March, on 14.5 pct higher revenue at 277 mln. UK warranty revenue was up
11.2 pct to 277 mln. The dividend for the year was raised 20.3 pct to 32.5 pence
per share.
"All this has been achieved at a time of weak consumer spending in the High
Street creating difficult trading conditions for some of our trade partners,"
chairman Nicholas Rochez said.
"Our business model, which seeks new business from several years of
customers' appliance purchase data, coupled with our ability to maintain a
strong renewal book, helps insulate the group against any short term lack of
consumer demand for appliances," he added.
"We are confident of continued progress in the group as the benefit of the
developments in the last few years continues to be realised."


See KBC have upped target to 1125p

"In view of these positive results and statement it is likely that existing KBCPH forecasts for 2006/7 of £37.5m pre-tax and earnings per share of 73.8p are a little low. On the assumption of 75p of earnings on a 15 multiple(justified in terms of growth) the shares would be worth 1125p."
Posted at 26/4/2006 14:29 by tole
I see it got some coverage recently -
Anyone got the commentary or a summary of what was said on Motley Fool C.S.

Champion Shares editor Maynard Paton, also writes commentary on other interesting shares. Recently he's written about GCap Media (LSE: GCAP), Domestic & General (LSE: DGG), Domino Printing Sciences (LSE: DNO) and Chariot (LSE: CRT) amongst others.
Posted at 04/4/2006 15:15 by tole
AD - You mean why it happenned? Have a read of the below regards takeover rumours.

Domestic & General unveils higher FY profits, quashes takeover rumours UPDATE

31/05/2005 10:24
LONDON (AFX)

Household appliance insurer Domestic & General Group PLC delivered stronger full-year profits, and quashed rumours of a takeover approach which fuelled a surge in the group's share price last month.

The company, which provides warranties on some 5.7 mln domestic appliances in the UK and mainland Europe, said pretax profits before goodwill and exceptionals for the year to March 31 2005 came in at 29.0 mln stg, a 26.1 pct increase on the previous year.

The group's pretax profits after goodwill, at 29.7 mln stg, were 22 pct ahead of a forecast from analysts at Altium Securities, who upgraded the shares to 'buy' from 'reduce'.

The profits uplift partly reflected a jump in investment income, which rose to 11.1 mln stg from 10.9 mln stg a year earlier, fuelled by higher interest rates and stronger equity markets. Domestic & General also benefited from steady growth in warranty revenues and subdued claims expenses, which boosted warranty profits to 191 mln stg, a 38 pct increase on the previous year.

Chairman Nicholas Rochez said in a statement that Domestic & General had received "no indication of any interest from any third party," scotching rumours of a takeover approach which caused a sharp rise in the group's share price last month. He blamed speculative trading through contracts for difference (CFDs), and said stock market rules should be changed so as to oblige investors who hold CFDs in a company to disclose their interest.

"It is essential that companies are able to readily identify their shareholders. What is not acceptable, in a regime that demands transparency, is the unaccountability and, at best, opacity of such trading instruments," Rochez said.

Domestic & General shares, which stood 1.23 pct higher at 740 pence by about 9.40 am on Tuesday, had briefly spiked above 900 pence as the takeover rumours emerged in late March and early April.

The company said the new financial year had started well, adding that it expected to make further progress despite signs of a contraction in consumer spending.

Chief executive John Pearmund said the group's strong focus on warranty renewals would enable it to weather any decline in purchases of new appliances as consumers tighten their belts.

"We're perhaps not as affected as other businesses might be," he told AFX News.

Pearmund added that the claims ratio -- claims expenses expressed as a proportion of premium income -- had fallen to 45-50 pct from 47-55 pct last year as the group stepped up its focus on electrical goods, which are less prone to breaking down. He said he expected claims to remain within the lower band for the rest of the current year.

Domestic & General set a final dividend of 18.5 pence per share, taking the total payout to 27 pence, a 15 pct increase on the previous year.
Posted at 31/3/2006 17:52 by tole
Domestic & General predicts high profits
Fri 31 Mar 2006

DGG - Domestic and General
Domestic and General 938.50p +1.57%

LONDON (SHARECAST) - Extended warranty supplier Domestic & General said today that profits for the year should be at the upper end of forecasts.

The group said it expects profits before tax for the twelve months to March to be at or above the upper end of market expectations.

"In the second half, the business has seen strong revenue growth and the claims ratio continuing at low levels. In respect of investments, the equity portfolio has significantly outperformed the benchmark 7% long-term rate of return," said D&G
Posted at 31/3/2006 10:19 by tole
Insigner de Baufort has a trading buy for DGG
Numis has increased its rating for DGG to add from hold
Posted at 01/12/2005 21:37 by tole
A bit dated but a nice summary...

GrowthCompanyInvestor
Domestic & General - BUY
Companies: DGG
31/05/2005

Domestic appliance warranty provider Domestic & General served up another fine set of results for the year to March. Turnover was up 4.5% to £220.7m and pre-tax profits improved 26% to £29m (based on 2004 pro-forma results). In spite of covering over 5.7m appliances and processing 1.4m claims each year, D&G enjoys a low claims ratio of 45.6% compared to the average 47.2%. It should also be largely unaffected by the recommendations of the Competition Commission enquiry into the point-of-sale extended warranty market, as it only represents 3% of D&G's total sales. On the expansion front, a new mailing facility opened last June that tripled capacity. This will benefit the support services division, which offers direct marketing, mailing, fulfilment and administration capabilities to its warranty partners and third party customers. D&G has warranty business in Germany, France and Spain but, as the market is undeveloped in Europe, the company and its pan-European clients believe there is good growth potential. Deputy chief executive John Ritchie states that, while sales of retail goods are falling, warranties are resilient, as consumers are less likely to replace goods and more likely to renew warranties and most of D&G's business is captured from data stored up from years before. In keeping with its tradition of increasing its dividend by at least 10% each year for the past 18 years, the total dividend increased 15% to 27p. House broker Collins Stewart is upgrading its forecast. Buy for growth.

Market cap: £265.9m
PE Forecast: 14.1
Share price: 740p

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