Direct Line Insurance Group (OTCMKTS:DIISY) Stock Price Down 3.3% – What’s Next?

Posted by Jeff Wilder on Nov 22nd, 2024

Shares of Direct Line Insurance Group plc (OTCMKTS:DIISY – Get Free Report) were down 3.3% during mid-day trading on Wednesday . The stock traded as low as $7.66 and last traded at $7.75. Approximately 779 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 1,488 shares. The stock had previously closed at $8.01.

Direct Line Insurance Group Stock Down 1.4 %

The business has a 50-day moving average of $9.14 and a 200-day moving average of $9.68.

Direct Line Insurance Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, September 16th were paid a $0.0892 dividend. The ex-dividend date was Monday, September 16th. Direct Line Insurance Group’s dividend payout ratio is currently 54.14%.

Direct Line Insurance Group Company Profile

(Get Free Report)

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.