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

Forget a cash ISA! I’d pick up an 8% dividend yield from FTSE 250-member Saga

FTSE 250 (INDEXFTSE: MCX) share Saga plc (LON: SAGA) could deliver a higher return than a cash ISA.

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Investing Articles

Big 8% dividend makes the Saga share price look tempting to me

Shares in over-50s holiday specialist Saga plc (LON: SAGA) have slumped, but I reckon they're looking cheap now.

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Investing Articles

Two FTSE 250 stocks I think look great value right now

Could these undervalued FTSE 250 (INDEXFTSE: MCX) stocks help investors grow their wealth? Andy Ross take a look.

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Investing Articles

Forget 1.5% from a savings account. I’d rather have FTSE 250-member Saga’s 8% dividend yield

Saga plc (LON: SAGA) could deliver a more impressive income return than the FTSE 250 (INDEXFTSE: MCX).

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Investing Articles

Could a 7.6% yield help the Saga share price return to 200p?

Roland Head asks whether it's the right time to buy back into Saga plc (LON:SAGA).

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Investing Articles

The Saga and Games Workshop share prices have crashed 25%+, is it time to load up?

Could Saga plc (LON: SAGA) and Games Workshop Group plc (LON: GAW) offer turnaround potential?

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Investing Articles

Thinking of buying the Saga share price? Read this first

Roland Head runs his eye over the latest figures from over-50s insurer Saga plc (LON:SAGA) and suggests a high-yield alternative.

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Investing Articles

Does absurdly cheap Saga’s whopping 7% dividend make it an unmissable buy?

Over-50s travel and insurance specialist Saga plc (LON: SAGA) tempts with a dizzying yield at a reduced valuation, Harvey Jones…

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Are you tempted by the 35% fall in the Saga share price? Here’s what you need to know

Saga plc (LON: SAGA) could deliver a successful turnaround.

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Investing Articles

Here’s a FTSE 250 dividend stock that could be set to beat the Saga share price

If you're tempted by 7% dividends from Saga plc (LON: SAGA), the FTSE 250 (INDEXFTSE: MCX) hides plenty of other…

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Investing Articles

Read this before buying into Saga’s 7.2% dividend yield

Saga plc's (LON: SAGA) dividend yield is attractive but there are a few points you should consider before taking the…

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