Direct Line Insurance Share Discussion Threads

[return_of_the_apeman] 02/3/2018 08:29

Just bought for the dividends this year, what a gift

Saw your post on another thread Woodhawk about the yield, thanks

[sogoesit] 01/3/2018 15:11

Indeed, the pull-back is a gift to accumulate.
Great payout.

[woodhawk] 01/3/2018 08:42

Couldn't resist a few more at 382p for a circa 9% yield with three divis (final + special and next interim) due over next six months!!

[eeza] 28/2/2018 09:53

Ah, yes, but the Div is realised money, in your pocket, whilst the 'capital loss' is un-realised (unless you sell).

[fenners66] 28/2/2018 09:37

Woodhawk - Of course the shares pay out about 9% over the next 6 months, but really the yield has to be assessed over the year as - every thing being equal the share price should fall by as much when it goes ex-dividend and only getting it back again over a year...

So we could gain a divi and lose capital initially

[woodhawk] 28/2/2018 09:32

Yield is about 9% over next 6 months alone (28.6p ex-D 5 April plus circa 7p for Aug divi). How many years would you take to get that in a bank account?

[billy5] 28/2/2018 08:22

This 28.6p should entice many to dip their toes in and I can see the share price attacking £4.00 before 5.4.18. That has been said by others, not just me.

[pete123456] 28/2/2018 03:02

I expect a small rise in the share price up to the ex div date as the 28.6p is very attractive.

[woodhawk] 28/2/2018 01:20

FTSE never went up as much as the DJIA in the previous session anyway. It's all swings and roundabouts - if DLG dips below 380p, I'll be in for a tranch more. Despite the fact that GSK never seems to get anywhere much, it's been a great little earner for me over the past 3 years, second only to GVC (which I'm currently out of, except for a spreadbet or two).

[garycook] 27/2/2018 23:59

Woody,Saw the GSK TP.I would sell some at £17.CARD is in recovery mode.Did it last year,and DLG is a diamond for me atm,replacing LRE which I sold out of at 746p.Billy5,Good shout ESUR,held them before,and made a nice profit.Agree around 230p cheap atm.Should go to £3 again in time.Prefer,and own ADM,which report today with ITV,and TW,and PFC tomorrow Woody.Shame about USA last night.FTSE 100 will be down today.

[basem1] 27/2/2018 19:01

There's something for everyone in the market isn't there, this is why it's so exciting all the time. I'm mainly Aim and trade a lot with a lot of success but stocks like DLG and PLUS that are churning cash and paying special dividends just cannot be ignored. Bought a couple of thousand shares this morning at the open (doh, I should know better ) but I'm sure there's some good money to be made here with patience. GLA, a nice forum !!

[billy5] 27/2/2018 17:34

I have been buying these (and selling and buying back) for few months and hold 22500, which will give £6435 and possibly £1575 July time. These high divi payers are very good earners if bought well in advance of the ex dates before the masses start to participate. Another is Esure in which I hold 10k and they may repeat 2017 and give up 13.5p+ when going ex c.13.4.18. Current price seems quite cheap. I might be completely wrong but it's worth a punt in my opinion. DYOR.

[shauney2] 27/2/2018 15:31

If you had held these since the IPO in 2013 at 175p you will have nearly got all your money back in dividends.I think if you take this years payments it comes close to 150p.

[barry276] 27/2/2018 15:21

Investors looking for solid income from ftse 100 companies are spoilt for choice VOD TW ADM SSE BP LGEN come to mind. But the absolute stand out is DLG with the history to back it up DLG also has utility like characteristics that risk averse income investors love.

[woodhawk] 27/2/2018 15:07

11,675 so far, Gary, with £3,339 to come. Propose to add further on any significant weakness. NB nice reiteration on GSK today from HSBC - target price £19.25 or 47% upside.. and 6% while you wait. LOL. Also CARD recovering a bit now.

So that's a prospective total divi of 9% in a little over 5 months here then. Nice.

[garycook] 27/2/2018 14:51

Woody,Nice one.I now have 8,000 Shares and a Dividend to come of £2288,in May,and around another £560 in September.Should be at least a 7p Interim announced end of July.

[woodhawk] 27/2/2018 14:03

I increased my own holding by 50% earlier :-)

[hiddendepths] 27/2/2018 13:59

They spiked ahead of the figures as short termers bet that they'd be good. They're just closing out now - nothing more sinister than that.

I quite like moves of this kind. Opportunity to top up with minimal risk as the figures are out of the way.

[fenners66] 27/2/2018 11:18

So apart from even higher expectations - what was the market seeing that let this fall this morning?

I quickly read the results and then read the near 500 posts on this thread all the while the price was falling ... so was happy reading as mostly when I refreshed this page the share price fell.

[woodhawk] 27/2/2018 10:57

That's right, 28.6p paid on 17th May, then next ex-d 9th August.

[fenners66] 27/2/2018 10:47

I make it 17th May

[woodhawk] 27/2/2018 09:49

3 divis in the next 5 months (final, special and next interim), fenners66. What's that.... something like 9% over the next 5 months at this price!

[fenners66] 27/2/2018 09:43

Late to the party having had them on my watch list for a long time , but have joined in this morning.

I would guess that without a special dividend next year these could still be yielding close to 6%...

[woodhawk] 27/2/2018 09:41

28.6p worth of ex-d in just over a month and not that long to the next interim divi either!!