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Direct line increases its 2014 interim dividend by 5% and pays special dividend of 10p

Investment Tools Ltd.
Direct line increases its 2014 interim dividend by 5% and pays special dividend of 10p

Paul Geddes, CEO of Direct Line Group, commented

"We delivered good results in the first half of 2014, despite major weather events and competitive markets, by maintaining our disciplined underwriting approach and from the continued delivery of our strategic initiatives. This continued performance and our strong capital position have enabled us to declare a special interim dividend of 10 pence per share as well as increase the regular interim dividend by 5%.

"Our performance has also allowed us to continue to invest in the future of our business, to enhance our product propositions and improve our customer experience. We have rolled out self-install telematics boxes, which will enable us to reward better driving, and we've made it easier to buy our Motor products on smartphones and tablets."

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