Direct Line Insurance Group (OTCMKTS:DIISY) Trading Up 3.3% – Still a Buy?

Direct Line Insurance Group plc (OTCMKTS:DIISY)’s stock price rose 3.3% on Wednesday . The company traded as high as $14.60 and last traded at $14.60. Approximately 200 shares changed hands during trading, a decline of 82% from the average daily volume of 1,142 shares. The stock had previously closed at $14.13.

Direct Line Insurance Group Stock Up 3.3 %

The firm’s fifty day moving average price is $13.83 and its 200-day moving average price is $11.59.

Direct Line Insurance Group Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, June 3rd. Shareholders of record on Friday, April 4th will be issued a $0.2531 dividend. The ex-dividend date is Friday, April 4th. This is a positive change from Direct Line Insurance Group’s previous dividend of $0.09. Direct Line Insurance Group’s dividend payout ratio (DPR) is 54.14%.

About Direct Line Insurance Group

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.