Direct Line Insuranc Dividend yield

Direct Line Insuranc is part of Nonlife Insurance business, which is part of Financials industry. Direct Line Insuranc is a company from UK, and his stocks are publicly traded.

Direct Line Insuranc stock dividend

Direct Line Insuranc paid a total dividend of 302 million GBP last year, for a market value of 2,124 millions (Market Cap 2,126 millions). Direct Line Insuranc dividend per share is 0.23 GBP, and his stock market price 1.62 GBP.

According to the chart below, where dividend yield is displayed, Direct Line Insuranc has a dividend yield of 14.00%, which is higher than the amount offered by both the market average and companies from UK. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Direct Line Insuranc stocks dividend with other Nonlife Insurance companies or other of the high UK dividend stocks list.

Direct Line Insuranc Dividend Payout

About the ability of Direct Line Insuranc to maintain his current dividend of GBP 0.23 per share, an amount that accounts for 14.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Direct Line Insuranc payout on ernings is currently 766.67%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Direct Line Insuranc can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Direct Line Insuranc is GBP 0.60 per share, which is higher than the dividend per share paid by the company of GBP 0.23, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Direct Line Insuranc, compared againt world market average, UK companies, Financials industry and Nonlife Insurance sector companies.

Direct Line Insuranc Dividend History

Below you will find a table with the historical evolution of Direct Line Insuranc's dividend stock, both in percentage and in GBP, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	GBP	Paypout	Shares*
Present	14.00%	0.23	766.67%	1,311
2022	10.26%	0.23	76.67%	1,321
2021	7.99%	0.22	73.33%	1,331
2020	6.83%	0.22	66.67%	1,365
2019	6.78%	0.21	55.26%	1,375
2018	6.46%	0.21	52.50%	1,375
2017	4.32%	0.17	70.83%	1,375
2016	4.06%	0.14	29.79%	1,375
2015	3.45%	0.14	43.75%	1,375

*In millions

Then you can see the evolution of Direct Line Insuranc dividend stock, and compare it with the average of UK stocks and that of the Nonlife Insurance stocks.

Direct Line Insuranc Stock performance

Finally, last moth Direct Line Insuranc showed a return of 7.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -21.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for UK and Nonlife Insurance firms.