LSE:SAGA (Saga plc)

About SAGA

Saga is a UK-based diversified business currently listed on the FTSE All-Share. It has operations within financial services, focusing on insurance and savings advice. Separately, it also has a travel arm offering cruise package holidays and other trips. Finally, it also makes money from paying subscribers to the Saga Magazine. This is published monthly, and including columnists such as Jeremy Paxman. The company focuses on the over 50s, with cross-selling opportunities between the products and services offered. For the past few years, the business has been profitable. Even during the difficult 2020, it managed to post an underlying profit before tax. This is in part due to the diversified nature of operations. It also benefits from the proportion of revenue being generated from the insurance arm.
  • Frequently Asked Questions

    Saga went public back in 2014, with an IPO price of 1,850p. Based on the current price, the stock has moved lower from the float price in 2014. The main drop came during 2018 and 2019.

    In 2019 and 2020, the company did pay out a dividend based on the previous years financial results. However, in April 2020 the decisions was taken to suspend dividend payments due to the impact of the pandemic. In a note on the financial report for 2021, “the Board does not expect to pay dividends until 2023 at the earliest, given the restrictions under current financing arrangements.” On the basis of that note, it’s highly unlikely that income will be paid out in the form of dividends this year.

    Saga plc (LSE: SAGA) Latest News

    Investing Articles

    Why I rate the Saga share price as a buy

    The turnaround in the company's fortunes could send the Saga share price surging in 2020 says this Fool.

    Read more »

    Investing Articles

    3 reasons why I think the Saga share price could double in 2020

    With earnings set to jump as the company's recovery starts to take shape, this Fool is a buyer of the…

    Read more »

    Investing Articles

    Saga’s share price is on fire! Here’s what I’d do now

    Saga plc (LON: SAGA) shares have risen 80% in just a few months. What's the best move now?

    Read more »

    Investing Articles

    Why I think the Saga share price could be a top dividend prospect

    After a big price crash, Saga (LON: SAGA) shares are now offering a dividend yield of 8.5%.

    Read more »

    Investing Articles

    The Saga share price: why I think it is worth buying for the dividend

    Rupert Hargreaves explains why he thinks the Saga share price's dividend is here to stay.

    Read more »

    Investing Articles

    Why the Saga share price rose 23% in September

    The Saga share price enjoyed a rare 23% rise in September, but is that the start of recovery or just…

    Read more »

    Investing Articles

    Tempted by the Saga share price? Here’s what you need to know

    Roland Head looks at the latest news from Saga plc (LON: SAGA) and updates his view on this troubled dividend…

    Read more »

    Investing Articles

    The Saga share price is soaring and it yields almost 9%. Can it still make you rich?

    Saga is up 12% today and this high-yielding recovery stock could sail on, says Harvey Jones.

    Read more »

    Investing Articles

    Why the Saga share price fell 7% in August

    Here's why the Saga plc (LON: SAGA) share price looks like a great recovery buy to me now.

    Read more »

    Investing Articles

    Should I buy the Saga share price?

    Saga plc (LON:SAGA) looks cheap and has potential, but is it worth buying right now?

    Read more »

    Investing Articles

    Why I think it’s not too late to buy the soaring Saga share price

    G A Chester explains why he continues to see good value in Saga plc (LON:SAGA) and another flying mid-cap stock.

    Read more »

    Investing Articles

    Is it worth jumping on the bandwagon of SAGA’s rising share price?

    Saga plc (LON:SAGA) has been on a slippery slope this year, but could a turnaround be imminent?

    Read more »