ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

GBGI Gbgi

114.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Gbgi GBGI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 114.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
114.50 114.50
more quote information »

Gbgi GBGI Dividends History

No dividends issued between 29 Mar 2014 and 29 Mar 2024

Top Dividend Posts

Top Posts
Posted at 06/11/2018 08:25 by cwa1
Blimey, not much interest here!
Posted at 10/8/2018 06:29 by cwa1
Trading Statement



The Group saw continued growth in the business across its diversified product and regional footprint during H1 2018, recording year over year growth (adjusted for the Group's exit from the Angolan market in 2017) in gross written premium ("GWP") as compared to the same period in CY 2017.



The Group anticipates that GWP and underlying net income (adjusted for certain one-off non-recurring expenses) for the full 12 months to 31 December 2018 ("CY 2018") will be broadly in line with initial expectations.



The non-recurring, one-off expenses incurred in 2018 are estimated to be approximately USD $2.8 million including a USD $2.0 million investment in the Group's distribution channels.



Reporting dates



GBGI will be announcing its interim results for H1 2018 in September 2018.





Bob Dubrish, CEO of GBGI commented:



"We have a strong start to the third quarter and we are confident in our business model and that we are making good progress on our 2018 initiatives."
Posted at 16/6/2018 07:13 by trek3
just got my dividend bang on time,
a nice £90, more to come from this one!
Posted at 14/6/2018 14:35 by trek3
Rob, your right about liquidity, hopefully get sorted out in future,
dividend payment date should be June15, lets see what happens!
Posted at 26/4/2018 06:31 by cwa1
That's a fairly hefty commitment unless he gets a LOT of pocket money:-
Posted at 23/4/2018 14:28 by hatfullofsky
Certainly impacted by Angola but state it should be a one off.

Revenue growth 30.6% / underlying PBT $16M / Cash $93M / Net Assets $48M

MCAP 67M at 77p


"The [Angolan] business restructuring may have an impact on the groups insurance rating" [24/07/17 A.M. Best raised the outlook to stable from negative and affirmed the financial strength rating of "B++" (Good) and the long term issuer credit rating of "bbb" of GBG Insurance Limited.]


Focused on re-inforcing the solvency ration (dividend impact)

IFRS 17 is expected to have a significant impact on accounting for life insurance contracts as well as on the presentation of insurance contract revenue in the financial statements.

The impact of this new standard on the Group is still being considered.
Posted at 23/4/2018 06:36 by cwa1
10p dividend is 10% yield... not bad ???
Posted at 23/4/2018 06:12 by cascudi
10p dividend is 10% yield... not bad
Posted at 19/9/2017 15:55 by masurenguy
"Having only IPO’d in February, small-cap GBGI Limited (LSE: GBGI) flies under the radar of most investors. However, I’ve put this company on my watchlist today thanks to its dividend potential.

GBGI, or to use its full name, Global Benefits Group, is a leading provider of international benefits. In plain English, the company is a provider of insurance products such as life, health, travel and disability. Business seems to be going well for the group. For the six months to December 31, the company reported a 12.2% increase in gross written premiums, total revenue growth of 22% and a rise in pre-tax profit of 10.7%. The balance sheet also looks robust with a solvency ratio of 160.6% reported at the end of the fiscal first half.

It looks as if this positive trading performance has continued into the fiscal second half. According to a trading update published today, for the full year, revenue is expected to be 23% higher year-on-year and the value of gross written premiums exceeds $200m. Based on these early numbers, management plans to announce GBGI’s maiden dividend alongside its full-year results, which are set for release in a few weeks. City analysts are highly optimistic about the company’s dividend prospects. Indeed, an initial dividend payout of 11.2p is projected, which implies a dividend yield of 6.9% based on GBGI’s share price at the time of writing.

It is still a relatively small business compared to rest of the global life insurance market. In 2015, the market had total gross written premiums of $2.5trn, so at the current run rate of $200m, the group’s market share is less than 0.01%. This means the firm has an enormous runway for growth ahead of it as it captures market share, and that’s why GBGI has made it onto my dividend-growth watchlist."

Your Recent History

Delayed Upgrade Clock