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
Buying 8,770 shares of this FTSE 100 dividend stock could get me a second income of £3,844 a year
Investing Articles
4 shares Fools wish they never sold
Investing Articles
If I buy £1,000 of Legal & General shares today, how much could I have in 3 years?
Investing Articles
2 FTSE 100 shares that pump out crazy cash!
Investing Articles
I’d buy 4,917 shares of this FTSE 100 bargain to target £1,000 a year in passive income
Investing Articles
8.5% yield and oversold! Here’s why I’m buying Legal & General shares
Dividend Shares
Is this high-yield income stock the gateway to generating a lifetime of passive income?
Investing Articles
8 stocks that Fools have been buying!
Investing Articles
How I’d invest £200 a month for an £11,268 second income
Dividend Shares
I’d put £20,000 in these 3 dividend shares to target £1,500 in annual passive income
Investing Articles
8% a year! These 5 FTSE 100 shares pay world-class income
