Direct Line Insurance Group (OTCMKTS:DIISY) Trading Down 1.4% – Here’s Why

Direct Line Insurance Group plc (OTCMKTS:DIISY)’s share price traded down 1.4% during trading on Monday . The stock traded as low as $15.16 and last traded at $15.16. 200 shares were traded during trading, a decline of 81% from the average session volume of 1,067 shares. The stock had previously closed at $15.37.

Direct Line Insurance Group Stock Performance

The firm has a 50-day moving average of $14.59 and a 200 day moving average of $12.79.

Direct Line Insurance Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, April 4th will be issued a dividend of $0.2531 per share. This is a boost from Direct Line Insurance Group’s previous dividend of $0.09. The ex-dividend date of this dividend is Friday, April 4th. Direct Line Insurance Group’s dividend payout ratio is presently 54.14%.

Direct Line Insurance Group Company Profile

Direct Line Insurance Group plc engages in the provision of general insurance products and services in the United Kingdom. The company operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. It offers motor, home, van, landlord, rescue, pet, tradesperson, business, creditor and select, and travel insurance products, as well as commercial insurance for small and medium-sized enterprises.