vrdiver wrote:I thought I'd look at the dividend CAGR of insurance companies I've had an interest in (figures include specials):
Based on the above, if buying for a growing income stream, I'd be interested in Legal and General, Direct Line Group or Standard life. Admiral might also be worth looking into.
The figures you quote reflect the views I have expressed previously. The first is that Chesnara is much further down the line in developing its model than Phoenix, which has spent a lot of its last few years consolidating its many life companies and trying to reorganise its debt. I expect the benefits of that to flow through before long and in the meantime I am enjoying the yield.
The second is, although I hold Admiral, I have a feeling that its best days may be behind it. A poster mentioned earlier on this thread that a revision of Ogden upwards will help L & G and Aviva but it would help Admiral very much more. In fact I doubt it would have much impact on the first two. A revision of Ogden would only have a one off impact in any case.
Standard Life is now a different beast with the (albatross?) impact of Aberdeen on its shoulders.
Dod