Admiral Group plc (LON:ADM) Increases Dividend to GBX 121 Per Share

Admiral Group plc (LON:ADM) declared a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Investors of record on Thursday, May 15th will be paid a dividend of GBX 121 ($1.59) per share on Friday, June 13th. This represents a yield of 4.02%. The ex-dividend date of this dividend is Thursday, May 15th. This is a 70.4% increase from Admiral Group’s previous dividend of $71.00. The official announcement can be seen at this link.

Admiral Group Price Performance

Shares of ADM traded up GBX 32 ($0.42) during trading hours on Tuesday, reaching GBX 3,322 ($43.77). The stock had a trading volume of 1,646,035 shares, compared to its average volume of 2,879,115. The company’s 50-day moving average is GBX 3,074.04 and its two-hundred day moving average is GBX 2,799.20. Admiral Group has a 12 month low of GBX 2,383 ($31.40) and a 12 month high of GBX 3,404 ($44.85). The stock has a market capitalization of £10.16 billion, a PE ratio of 25.35, a PEG ratio of 1.69 and a beta of 0.18. The company has a debt-to-equity ratio of 115.01, a quick ratio of 0.42 and a current ratio of 7.57.

Admiral Group (LON:ADM) last announced its quarterly earnings results on Thursday, March 6th. The company reported GBX 216.60 ($2.85) earnings per share (EPS) for the quarter. Admiral Group had a net margin of 8.82% and a return on equity of 38.14%. Research analysts expect that Admiral Group will post 161.0199297 EPS for the current year.

About Admiral Group

Admiral Group plc is an established financial services provider offering motor, household, travel and pet insurance, as well as personal lending products, trading in five countries, namely the UK, France, Italy, Spain and the US. Founded in 1993, Admiral has grown to become an established multinational and multi-product insurer and is proud to be Wales’ only FTSE 100 Company.