In this section of the page, you will find all the information you need to understand how Línea Directa Aseguradora (LDA) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Línea Directa Aseguradora dividend
No change
Next payment N/A
Next payment date N/A
Last payment 0.001€
Last payment date Apr 11, 2023
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Ex-Dividend: N/A
Not available

There is no upcoming dividend defined for Línea Directa Aseguradora.

There is no set last day on which buying Línea Directa Aseguradora shares generates the possibility of earning dividends.

Línea Directa Aseguradora distributed 0.001 euros per share in the form of a dividend on April 11, 2023.

Linea Directa Aseguradora has barely been an independent company on the Spanish Stock Exchange for two years. Because of this, it is difficult to know what its dividend policy is.

However, in its two years of existence, the company has maintained a very high pay-out percentage, with payouts exceeding 90% of consolidated net income. And all this with an annual return of more than 6%.

This data places it as a strong company within the dividend payers, being interesting for a portfolio focused on passive income.

Payout Ratio Línea Directa Aseguradora Dividends

Línea Directa Aseguradora paid 13% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Línea Directa Aseguradora's earnings (964,390,016.00€) are sufficient to cover the dividend payment. This payment represents 13% of the total net profit of LDA.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Línea Directa Aseguradora

There is no Dividend Calendar of Línea Directa Aseguradora defined for 2023.

Historical annual dividend yields of Línea Directa Aseguradora

Over the past 5 years, Línea Directa Aseguradora has not consistently distributed dividends.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Línea Directa Aseguradora vs. the sector

Línea Directa Aseguradora's dividend yield (5.65%) is above the sector average (4.53%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Línea Directa Aseguradora's dividend yield is between the top 25% (5.93%) and top 75% (3.13%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Línea Directa Aseguradora

Over the past 5 years, Línea Directa Aseguradora has not consistently distributed dividends.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Línea Directa Aseguradora

In this table you can see the dividend history of Línea Directa Aseguradora:

0.001 €
0.001 €
0.007 €
0.020509 €
0.020013 €
0.01973 €
0.067252 €
0.023238 €
0.023678 €
0.024484 €
0.0714 €
Dividend history of Línea Directa Aseguradora

Línea Directa Aseguradora dividend capture strategy

Step 1: Buy Línea Directa Aseguradora shares (LDA) one day before ex-dividend date
Date of purchase N/A
Next ex-dividend date N/A
Step 2: Sell Línea Directa Aseguradora shares (LDA) when the price recovers.
Date of sale (estimated) N/A
Average price recovery 0 days
Average return on cost N/A
The dividend capture strategy is based on historical Línea Directa Aseguradora data. Past performance is no guarantee of future results.

Information about Línea Directa Aseguradora

Full name Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros
Ticker LDA
Sector Financial Services
Industry Insurance - Property & Casualty
Market Capitalization 938.87 €
Number of Employees 2,478
Address Calle de Isaac Newton, 7, Tres Cantos, 28760, Spain
Phone 34 91 807 48 88
Description of the company

Línea Directa Aseguradora is a Spanish insurance company founded in 1995. It is currently included in the Ibex Medium CAP index and is therefore listed on the Madrid Stock Exchange.

It is one of the largest insurance companies in Spain, and offers a wide range of insurance for vehicles, home and life, etcetera.

Línea Directa operates through a combination of online and physical distribution channels, which allows it to reach a broad customer base. Such is the pace of growth that they currently have more than 3 million customers and more than two thousand employees.

IPO (Separation of Bankinter)

The separation of Línea Directa from Bankinter was a long awaited operation by the financial market. As of April 29, 2021, Línea Directa Aseguradora is listed on the Spanish Stock Exchange in Madrid and is therefore an independent company.

Bankinter, for its part, continues to hold a financial interest of more than 17% in Línea Directa Aseguradora, while the remaining shares were distributed among Bankinter's shareholders at the time of the separation with the bank.

Frequently asked questions about Línea Directa Aseguradora dividends

Línea Directa Aseguradora is listed on the Madrid Stock Exchange and is part of the Ibex Medium.

Línea Directa Aseguradora has the Ticker or stock code LDA.

Línea Directa Aseguradora belongs to the Financial Services sector and the Insurance - Property & Casualty industry.

The CEO of Línea Directa Aseguradora in 2023 is Mr. Alfonso Botin-Sanz de Sautuola y Naveda.

At this moment, the value of a Línea Directa Aseguradora share is 0.86€.

Línea Directa Aseguradora does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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