Direct Line dividends should reward shareholder loyalty
This high-yielding insurer has a sterling record of dividend payouts and could be poised for a return to growth.
This week we're heading into ultra-high yield territory, with a stock that's expected to deliver a dividend yield of about 8% in 2018 and 2019. The forecast payouts equate to about 90% of expected earnings at the company in question. While these sort of stats might normally suggest that the payout is unsustainable, we don’t think investors need to worry – Direct Line Insurance Group (DLG) has a sterling record of dividend payments and could…
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