LSE:DLG (Direct Line Insurance Group plc)

The firm’s diverse set of product offerings makes it an ideal one-stop-shop solution for prospective insurance purchasers. And also provides ample opportunities to upsell its other offerings to existing customers.

However, the bulk of income originates from motor insurance which is notoriously difficult to succeed in. After all, the payouts are high, and accidents are frequent. Sudden spikes in insurance claims could compromise the bottom line, causing the DLG share price to tumble. These risks need to be considered before making an investment decision.

Yes. Direct Line Insurance shares pay a cash dividend at an average 110% payout ratio. One dividend payment was cancelled in early 2020 due to the pandemic but was resumed as normal in 2021. The stock has eight years of consecutive dividend growth.

Direct Line Insurance shares pay out a dividend twice a year, in April and August.

Direct Line Insurance shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.