Direct Line Insurance Group (OTCMKTS:DIISY) Trading 3.3% Higher – Here’s What Happened

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

Direct Line Insurance Group Price Performance

The company has a 50-day simple moving average of $13.76 and a two-hundred day simple moving average of $11.53.

Direct Line Insurance Group Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, June 3rd. Investors of record on Friday, April 4th will be issued a $0.2531 dividend. This is an increase 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 payout ratio is 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.