Admiral Group plc (LON: ADM) will be paying its final dividend for the year ended December 31, 2022 on May 13, 2023 to shareholders on the register at the close of business on April 22, 2023. The shares will go ex-dividend on April 21, 2023. The record date for this payment is April 28, 2023.
Admiral Group, the UK’s largest car insurance provider, has announced that its next dividend payment will be made on 6 April 2022 to shareholders on the register at the close of business on 26 March 2022.
This will be the first time that Admiral has paid a dividend since 2015, when it cancelled all future payments in order to invest in growth. The company has now returned to profitability and is confident enough to resume paying dividends to shareholders.
The dividend payout ratio for this payment will be 50%, meaning that for every £1 of share capital, shareholders will receive 50p in cash. This is a relatively high payout ratio and reflects Admiral’s strong financial position. The shares currently trade on a yield of around 5%, which is very attractive given the current low interest rate environment.
Admiral is a well-run company with a strong track record of delivering shareholder value over the long term. I believe it is an excellent income investment at current levels.
Admiral Special Dividend 2022
Admiral Group is a FTSE 100 company, operating in the UK, Ireland and Spain through its Admiral Insurance, Diamond and Elephant & Castle brands. The group also has a 50% shareholding in price comparison website Confused.com and a 35% shareholding in German car insurance business Hochstadter Versicherungen.
On 11 May 2021, Admiral announced that it would be paying a special dividend of £180 million to shareholders, subject to approval at the company’s annual general meeting (AGM) on 3 June 2021.
This one-off payment is in addition to the final dividend for 2020 of £120 million, which was paid in April 2021. The total dividend payout for 2020 will therefore be £300 million, which represents an increase of 20% compared to 2019. This includes the 3% increase in the ordinary dividend announced at our half year results in February 2020, prior to the Covid-19 pandemic.
Admiral has strong cash generation from its core businesses and this enables us to continue to invest for growth whilst also returning excess cash to shareholders through both regular dividends and special dividends. The board remains confident of Admiral’s long-term prospects and continues to believe that the group is well positioned whatever the shape of the post-Covid economic recovery.
How Often Do Admiral Pay Dividends?
Admiral Group is a financial services provider based in Wales. The company was founded in 1993 and has since grown to become one of the largest insurers in the UK. Admiral Group offers a wide range of insurance products, including car, home, travel and life insurance.
The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Admiral Group has a market capitalisation of £7.4 billion as of March 2020. Admiral Group pays dividends twice per year, in May and November.
The dividend payout ratio for 2019 was 52%. This means that for every £1 of profit generated by Admiral Group, 52p was paid out as dividends to shareholders.
When Should I Expect My Dividend?
It’s common for investors to want to know when they can expect their dividend. After all, that’s one of the main reasons people invest in stocks – to receive regular payments from the company. While there are no hard and fast rules about when dividends are paid out, there are some general guidelines you can follow.
Most companies declare and pay dividends quarterly, which means every three months. However, some companies choose to pay semi-annually (twice per year), or even annually. You should be able to find this information on the company’s website or in its annual report.
Once a company has declared a dividend, it will usually set a “record date.” This is the date by which you must own the stock in order to receive the dividend payment. For example, if a company declares a dividend with a record date of June 30th, you must own the stock before that date in order to get the dividend payment.
The payment is usually made within two weeks after the record date. So, as you can see, there is no definite answer as to when you can expect your dividend payment. However, following these general guidelines should give you a good idea of when to expect it.
When Dividends Will Be Credited?
The dividend will be credited to your account on the ex-dividend date. When you buy shares in a company, you become a shareholder. Most companies offer shareholders the opportunity to reinvest their dividends into more shares of stock, which is called a dividend reinvestment plan (DRIP).
If you are enrolled in a DRIP, your broker will automatically use your dividends to purchase additional shares on the ex-dividend date. If you are not enrolled in a DRIP, or if you simply want to receive the cash instead of reinvesting it, then the dividend will be credited to your account on the ex-dividend date and you can do with it as you please. Many people choose to invest their dividends into other stocks or mutual funds, while others may use the money to help cover living expenses or travel costs.
It’s important to remember that just because a company declares a dividend does not mean that it will actually pay out that dividend. Sometimes companies declare dividends but then have to cancel them due to unforeseen circumstances. This is why it’s always wise to double check with the company before counting on receiving any particular dividend payment.
Is Anglo American Paying a Dividend?
Yes, Anglo American is paying a dividend. The company announced its interim results for the six months ended June 30, 2020, which showed that it had declared a dividend of US$0.40 per share. This was in line with its previous guidance of paying at least 50% of headline earnings as a dividend.
Admiral Share Price Forecast – Admiral Share Price Projection and Analysis
Admiral Group, the UK-based car insurer, plans to pay an interim dividend of 30.4 pence per share for the six months to June 30, 2022. This is a 5.6% increase on the interim dividend paid for the same period last year. The payment date will be September 7, 2022.
The Admiral Group is a British multinational insurance company headquartered in Cardiff, Wales. It is also the largest automobile insurer in the United Kingdom and has operations in eight countries across Europe and North America.