Sabre Insurance Group plc (LON:SBRE) Announces Dividend of GBX 11.30

Sabre Insurance Group plc (LON:SBRE) announced a dividend on Tuesday, March 18th, DividendData.Co.Uk reports. Investors of record on Thursday, April 17th will be paid a dividend of GBX 11.30 ($0.15) per share on Wednesday, June 4th. This represents a yield of 8.59%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 564.7% increase from Sabre Insurance Group’s previous dividend of $1.70. The official announcement can be seen at this link.

Sabre Insurance Group Stock Performance

Shares of LON SBRE opened at GBX 132 ($1.72) on Wednesday. The company’s fifty day moving average price is GBX 130.44 and its 200 day moving average price is GBX 136.01. Sabre Insurance Group has a 1 year low of GBX 123 ($1.60) and a 1 year high of GBX 183.60 ($2.39). The company has a market capitalization of £328.89 million, a PE ratio of 11.14, a price-to-earnings-growth ratio of 4.08 and a beta of 0.22.

Sabre Insurance Group (LON:SBRE) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 14.48 ($0.19) earnings per share (EPS) for the quarter. Sabre Insurance Group had a net margin of 12.82% and a return on equity of 12.19%. On average, equities analysts expect that Sabre Insurance Group will post 19.083558 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank lowered their price target on shares of Sabre Insurance Group from GBX 213 ($2.77) to GBX 210 ($2.73) and set a “buy” rating on the stock in a report on Monday, March 10th.

Sabre Insurance Group Company Profile

Sabre Insurance Group plc, through its subsidiaries, engages in the writing of general insurance for motor vehicles in the United Kingdom. It offers taxi, private car, and motorcycle insurance through a network of insurance brokers, as well as through its Go Girl and Insure 2 Drive brands. The company was founded in 1982 and is based in Dorking, the United Kingdom.