Latest news with #AdmiralGroup
Yahoo
11-05-2025
- Business
- Yahoo
Admiral Group plc (LON:ADM) Passed Our Checks, And It's About To Pay A UK£1.21 Dividend
Admiral Group plc (LON:ADM) stock is about to trade ex-dividend in three days. The ex-dividend date is commonly two business days before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Therefore, if you purchase Admiral Group's shares on or after the 15th of May, you won't be eligible to receive the dividend, when it is paid on the 13th of June. The company's upcoming dividend is UK£1.21 a share, following on from the last 12 months, when the company distributed a total of UK£1.92 per share to shareholders. Based on the last year's worth of payments, Admiral Group has a trailing yield of 5.7% on the current stock price of UK£33.50. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Admiral Group paid out 66% of its earnings to investors last year, a normal payout level for most businesses. When a company paid out less in dividends than it earned in profit, this generally suggests its dividend is affordable. The lower the % of its profit that it pays out, the greater the margin of safety for the dividend if the business enters a downturn. See our latest analysis for Admiral Group Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings fall far enough, the company could be forced to cut its dividend. With that in mind, we're encouraged by the steady growth at Admiral Group, with earnings per share up 8.7% on average over the last five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Admiral Group has delivered an average of 6.7% per year annual increase in its dividend, based on the past 10 years of dividend payments. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. Should investors buy Admiral Group for the upcoming dividend? Earnings per share have been growing at a reasonable rate, and the company is paying out a bit over half its earnings as dividends. It doesn't appear an outstanding opportunity, but could be worth a closer look. However if you're still interested in Admiral Group as a potential investment, you should definitely consider some of the risks involved with Admiral Group. For example, Admiral Group has 2 warning signs (and 1 which is a bit unpleasant) we think you should know about. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
06-05-2025
- Business
- Yahoo
Admiral Group (LON:ADM) Is Increasing Its Dividend To £1.21
The board of Admiral Group plc (LON:ADM) has announced that it will be paying its dividend of £1.21 on the 13th of June, an increased payment from last year's comparable dividend. The payment will take the dividend yield to 5.9%, which is in line with the average for the industry. We've discovered 2 warning signs about Admiral Group. View them for free. Admiral Group's Payment Could Potentially Have Solid Earnings Coverage We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. The last payment was quite easily covered by earnings, but it made up 189% of cash flows. The company might be more focused on returning cash to shareholders, but paying out this much of its cash flow could expose the dividend to being cut in the future. EPS is set to grow by 21.4% over the next year. If the dividend continues along recent trends, we estimate the payout ratio could reach 77%, which is on the higher side, but certainly still feasible. LSE:ADM Historic Dividend May 6th 2025 Check out our latest analysis for Admiral Group Dividend Volatility The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was £1.00, compared to the most recent full-year payment of £1.92. This implies that the company grew its distributions at a yearly rate of about 6.7% over that duration. A reasonable rate of dividend growth is good to see, but we're wary that the dividend history is not as solid as we'd like, having been cut at least once. We Could See Admiral Group's Dividend Growing Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Admiral Group has seen EPS rising for the last five years, at 8.7% per annum. The lack of cash flows does make us a bit cautious though, especially when it comes to the future of the dividend. In Summary Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. With cash flows lacking, it is difficult to see how the company can sustain a dividend payment. Overall, we don't think this company has the makings of a good income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. Case in point: We've spotted 2 warning signs for Admiral Group (of which 1 doesn't sit too well with us!) you should know about. Is Admiral Group not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
23-04-2025
- Business
- Yahoo
Admiral Group to divest US motor insurance portfolio to J.C. Flowers
Admiral Group has agreed to sell its US motor insurance division, including Elephant Insurance Company and Elephant Insurance Services, to private equity firm J.C. Flowers. Financial specifics of the deal were not shared but the cash consideration is said to approximate the net asset value of Elephant, subject to customary adjustments and transaction expenses. The sale is contingent upon regulatory approval and is due to be completed in the fourth quarter of 2025 (Q4 2025). Elephant Insurance, based in Richmond, Virginia, provides car insurance to US customers and its offerings include tools designed to assist customers in selecting protection within their financial means. Admiral Group has appointed BofA Securities as its financial advisor and Sidley Austin as legal counsel. J.C. Flowers has engaged Keefe, Bruyette & Woods, a Stifel Company, as its financial advisor and Debevoise & Plimpton as its legal counsel. Admiral Group international insurance head Costantino Moretti said: 'In Elephant, we have built a business with a great foundation, and selling the company to J.C. Flowers is the right decision to ensure its future success. J.C. Flowers and Elephant have a shared ambition for generating growth and value. This partnership will allow the business to continue to deliver the high-quality insurance products and services that US motorists need. 'This is a good outcome not only for Elephant and its employees, but also the Group and our shareholders. This transaction will enable us to focus on the opportunities we see for delivering long-term sustainable growth in our businesses in the UK and Mainland Europe.' J.C. Flowers managing director and co-president Eric Rahe said: 'J.C. Flowers has a long, distinguished history of investing in the insurance industry, and we will leverage our experience to help Elephant Insurance generate new opportunities as a stand-alone company. We are excited to partner with the Elephant team as the business enters this new stage of development.' Last month, Admiral's UK insurance division endorsed Flood Re's Build Back Better scheme. Admiral has supported the Flood Re initiative since its establishment in 2016. "Admiral Group to divest US motor insurance portfolio to J.C. Flowers " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Times
22-04-2025
- Automotive
- Times
Admiral to give up on Elephant Insurance in the US
One of Britain's biggest insurers has pulled the plug on its 16-year campaign to break into the US car insurance market, selling its branded business there to the private equity group JC Flowers. Admiral Group said that the disposal of Elephant would enable it to focus on its core markets of the UK and Europe and was a good outcome for Virginia-based employees as well. The cash price is thought to have been close to the £17.7 million at which Elephant was valued in Admiral's books, after being written down last year from £36.9 million. • Is this a good time to invest in Admiral Group? Admiral has said for some time that it was thinking of abandoning the push after Elephant posted losses of
Reuters
06-03-2025
- Automotive
- Reuters
UK's Admiral Group reports nearly-doubled profit on motor arm strength
March 6 (Reuters) - British motor and home insurer Admiral Group (ADML.L), opens new tab on Thursday reported a near-doubling in annual pre-tax profit, helped by its motor arm and competitive pricing. Admiral's competitive pricing has enabled it to attract a good customer base and mitigate the effect of falling motor premiums. "The main driver of our exceptional performance was our UK Motor business," said Group CEO Milena Mondini de Focatiis, adding that its French and U.S. motor businesses reported a double-digit profit. The company reported group pre-tax profit of 839.2 million pounds ($1.08 billion) for the year ended December 2024, up 90% from a year earlier. ($1 = 0.7745 pounds)
