LSE:SAGA (Saga plc)
About SAGA
Should you invest £1,000 in Saga Plc right now?
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Frequently Asked Questions
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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.
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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
