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
If I could only buy 1 high-yield FTSE 100 dividend stock in December, it would be this
Investing Articles
7%+ yields! 3 FTSE 100 and FTSE 250 dividend stocks I’d buy to target HUGE passive income in 2024
Investing Articles
Is FTSE 100 firm Legal & General a no-brainer stock for dividend investors in 2024?
Investing Articles
I’d buy 4,273 shares of this FTSE 100 stalwart for £822 in passive income
Investing Articles
I’m eyeing these two cheap dividend shares for 2024!
Investing Articles
Hargreaves Lansdown investors are buying these FTSE 100 value stocks! Should I?
Investing Articles
9.4% and 7.1% yields! Which of these FTSE 100 dividend shares should I buy for 2024?
Investing Articles
These dividend shares yield 11% and 8.6% and I think they look cheap!
Investing Articles
These 2 cheap shares yield 8.6% and 5.5%. I’d load up on them!
Investing Articles
With an 8.6% dividend, is the Legal & General share price set for a 2024 surge?
Investing Articles
An 8.5% yield but down 15%! This FTSE 100 gem looks cheap to me
