Admiral Group plc (LON:ADM) Increases Dividend to GBX 52 Per Share

Admiral Group plc (LON:ADM) announced a dividend on Thursday, March 7th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 9th will be paid a dividend of GBX 52 ($0.65) per share on Friday, June 7th. This represents a dividend yield of 1.95%. The ex-dividend date is Thursday, May 9th. This is an increase from Admiral Group’s previous dividend of $51.00. The official announcement can be viewed at this link.

Admiral Group Stock Down 0.1 %

Shares of LON:ADM opened at GBX 2,738 ($34.40) on Wednesday. The business has a 50 day simple moving average of GBX 2,719.56 and a two-hundred day simple moving average of GBX 2,641.80. Admiral Group has a 1 year low of GBX 2,010 ($25.25) and a 1 year high of GBX 2,870 ($36.06). The company has a debt-to-equity ratio of 121.98, a current ratio of 16.08 and a quick ratio of 0.42. The firm has a market capitalization of £8.12 billion, a PE ratio of 2,469.37, a price-to-earnings-growth ratio of 2.06 and a beta of 0.20.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “hold” rating and set a GBX 2,961 ($37.20) target price on shares of Admiral Group in a research note on Monday, March 4th.

Admiral Group Company Profile

Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services, which includes motor, household, pet, travel, and other insurance, as well as car and home insurance; and unsecured personal loans and car finance products.