Direct Line Insurance Group (OTCMKTS:DIISY) Trading 2.3% Higher

Shares of Direct Line Insurance Group plc (OTCMKTS:DIISY) shot up 2.3% during trading on Tuesday . The stock traded as high as $9.72 and last traded at $9.72. 214 shares changed hands during trading, a decline of 83% from the average session volume of 1,266 shares. The stock had previously closed at $9.50.

Direct Line Insurance Group Stock Up 2.3 %

The stock has a 50 day moving average price of $10.04 and a two-hundred day moving average price of $9.22.

Direct Line Insurance Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, April 5th will be issued a dividend of $0.1713 per share. The ex-dividend date is Thursday, April 4th. Direct Line Insurance Group’s dividend payout ratio is currently 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.