LSE:LGEN (Legal & General Group Plc)
About LGEN
Legal & General Group Plc is a financial services provider best known for its life insurance services and was one of the pioneers behind low-cost index tracker funds.
The company operates out of three primary divisions:
- Legal & General Retirement Institutional is a global pension risk transfer provider.
- Legal & General Capital is the investment arm of the business that invests in a wide range of financial securities surrounding real estate, renewable energy, and SME financing solutions.
- Legal & General Investment Management is one of the largest asset management firms in Europe and caters towards both retail and institutional investors.
The group also provides additional consumer-facing life insurance solutions, and retail retirement instruments such as annuities, drawdown products, and lifetime mortgage loans.
Frequently Asked Questions
-
Demand for Legal & General’s services have historically remained strong. But given the various niches it operates in, overall growth hasn’t been particularly impressive, making LGEN stock more popular amongst income investors.
However, it’s worth being aware that the financial services sector is highly regulated. Any intentional or accidental breach of regulations can result in significant financial penalties, potentially destabilising the LGEN share price.
-
Yes. Legal & General shares pay a cash dividend at an average 52% payout ratio. The stock has one year of consecutive dividend growth.
-
Barratt Development shares pay out a dividend twice a year, in April and August.
-
Legal & General shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.
Legal & General Group Plc (LSE: LGEN) Latest News
Investing Articles
Is Legal & General’s share price the best bargain in the FTSE 100?
Investing Articles
Forget gold! I’d rather buy these 3 FTSE high-yielders in a Stocks and Shares ISA
Investing Articles
5 ideas for passive income while I sleep
Investing Articles
2 UK stocks I’d put 100% of my money into for passive income
Investing Articles
How I’d hope to turn £1,000 into £10,000 with passive income shares
Investing Articles
UK shares: a great opportunity to build wealth
Investing Articles
£10,000 in savings? Here’s how I’d aim to turn that into a £42,495 annual second income
Investing Articles
£20,000 in a new ISA? Here’s how I’d aim for a £52,920 annual second income
Investing Articles
£9,000 in savings? Here’s how I’d aim to turn that into a £5,880 annual passive income!
Investing Articles
Is Legal & General one of the FTSE 100’s greatest value shares? Here’s what the charts say
Investing Articles
I’d aim for £1,000 a month in passive income with 4,000 shares of this high-yield dividend stock