▷ Línea Directa Aseguradora Dividends 【Calendar 2024】

Upcoming Línea Directa Aseguradora dividend

Change(%)

0.00%

No change

Next payment N/A

Next payment date N/A

Last payment 0.001€

Last payment date Apr 11, 2023

00 D 00 H 00 M 00 S

Ex-Dividend: N/A

Not available

When are the upcoming Línea Directa Aseguradora dividends in 2024?

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There are no traces of dividends from Línea Directa Aseguradora for this year.

Last Línea Directa Aseguradora dividend

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Línea Directa Aseguradora made a dividend payment of 0.001 euros with a yield of 0.11% on April 11, 2023.

Dividend policy of Línea Directa Aseguradora

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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.

Línea Directa Aseguradora's earnings (1,016,792,000.00€) are sufficient to cover the dividend payment. This payment represents 13% of the total net profit of LDA.

Dividend payout ratio Payout Ratio

Dividend calendar of Línea Directa Aseguradora

There is no Dividend Calendar of Línea Directa Aseguradora defined for 2024.

Written by:

Rachel Madsen

Reviewed by:

Editorial Upcoming Dividends

Updated:

23/11/2023 19:46

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Historical annual dividend yields of Línea Directa Aseguradora

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

Increasing Dividends Dividend yield

Dividend yield of Línea Directa Aseguradora vs. the sector

Línea Directa Aseguradora's dividend yield (5.27%) is above the sector average (2.40%).

Comparison with industry average

Línea Directa Aseguradora's dividend yield is among the top 25% (3.83%) of the sector.

Evaluation with respect to competence.

Dividend yield history in Línea Directa Aseguradora

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

Dividend stability

Dividend history of Línea Directa Aseguradora

In this table you can see the complete history:

Year	Ex-Dividend	Amount	Total
2023	04/05/2023	0.001 €	0.001 €
2022	12/19/2022 09/26/2022 06/06/2022 03/29/2022	0.007 € 0.020509 € 0.020013 € 0.01973 €	0.067252 €
2021	12/21/2021 10/05/2021 07/05/2021	0.023238 € 0.023678 € 0.024484 €	0.0714 €

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 1.12B €

Number of Employees 2,478

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.