Direct Line Insurance Share Discussion Threads

[rolo7] 15/9/2020 18:31

Plus any gain from fste 100 promotion in December?!

[cl0ckw0rk0range] 15/9/2020 18:02

There's more out there in this sector with more growth potential however.

[encarter] 15/9/2020 16:18

Yep dividend of around 10% plus another 10% of capital gain if you buy today.

[cl0ckw0rk0range] 15/9/2020 14:21

Best returns on the market..?

[encarter] 09/9/2020 14:28

They already had too much cash before covid-19 and had started a share buy back program. They must have even more spare cash now. Check the dividend history. They usually pay a bonus dividend as well as their regular ones. I expect the same next year. These have got to offer the best returns on the market so I continue to plough any spare cash into them via my SIPP.

[rolo7] 09/9/2020 12:51

Dlg top of list to go into fste 100 in December I know a long time away but surely car use age is down and accidents accordingly.

[dope007] 07/9/2020 13:08

Just started a new position in these. The dividend jump has been wiped out so happy to invest here now

[carer] 27/8/2020 11:05

could somebody tell me how the scrips dividend is priced? Is it based on the average price over a certain period or on the day of payout? Many thanks.

[porsche1945] 25/8/2020 11:32

I should wait, will head back to about 2.80 between now and next April, more money to be made trading these, I buy them sub 3 and sell them 3.40 plus before ex div day, that’s really the range they are always in and they always take an horrific dive after ex div. I have done it over and over, do the same with gsk. Make about 15/20 pc a year doing it, very nice. They are range bound with zero growth.

Admiral probably the place to be for actual capital growth. Altho’ the FTSE 350 terminally awful thanks to the brexit self harming fiasco and the covid calamity, index below where it was 20 years ago, just shocking.

[wolansm] 19/8/2020 10:09

Think I need more !

[thepopeofchillitown] 14/8/2020 10:24

Ex D was yesterday, hence the drop. Record date today.

[wolansm] 14/8/2020 09:54

Good start but fading, I think these will continue to do ok

[saltaire111] 12/8/2020 19:44

Ex-d day tomorrow. Strong couple of days for the markets, let’s hope it’s strong again tomorrow.

Salty.

[porsche1945] 12/8/2020 15:12

Mike24

Then take your piddling bit of business elsewhere, this is a business not a charity, grow up, no wonder you are poor, owners, shareholders, deserve a slice of the profit, they take ALL the risk, not management and not customers.

[wolansm] 12/8/2020 12:17

As a customer you can take your business elsewhere, as a shareholder you take the risk of good and bad, filtered

[encarter] 12/8/2020 09:27

Divi is the same every year. Why give money to customers?

[mike24] 11/8/2020 20:21

don't agree with divi payout
should have rewarded customers first, with cash back
very disappointed as a customer
sp to pull back

[casino444] 11/8/2020 14:15

Great Dividend ' i think you call this free money , just bought more shares as well today

[saltaire111] 11/8/2020 13:26

Just bought more. Agree with DB price target. Plus division on top. No brainier really.

Salty

[garycook] 11/8/2020 01:48

Direct Line: Deutsche Bank reiterates buy with a target price of 380p.

[jrphoenixw2] 10/8/2020 17:40

There are about 1.36billion shares in issue, and with an imminent div of 21.8p that means a pay-out (aka getting Cash off the balance sheet) of circa £300million. That would make them cheaper for an acquisitor to swallow in a take-over too! I'll make do with promotion to the FTSE100 meanwhile ;)

[hallucinogenix] 10/8/2020 17:00

As a very disappointed Aviva share holder my investment in Direct Line is a Godsend. This is the perfect example of looking after your investors and coming good on cancelled dividends due to the virus - A great decision by the CEO similar to Legal and General !

[jrphoenixw2] 08/8/2020 19:23

Cld be interesting Rolo, agreed (of course) the share price will drop the chunky XD but we're still in the zone even with this unusually chunky XD stripped out. XD is the 13th, let's see if the share price continues to run up prior to that, with the likes of short-term div-baggers coming in; if so my optimisim re: promotion to the F-100 will be reassured. Touch wood!