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
Best British dividend stocks to buy in August
Investing Articles
My top 2 FTSE 100 dividend shares to buy in August
Investing Articles
These 2 top dividend stocks are on sale! Here’s why I’d buy them in August
Investing Articles
3 FTSE dividend shares I’d love to buy today
Investing Articles
I’d invest a £20k ISA in these 3 top FTSE 100 stocks for a £1,714 income in year one
Investing Articles
This FTSE 100 high yielding star is a great value stock I’m buying!
Investing Articles
With an 8% payout but down 12%, this dividend stock looks cheap to me
Investing Articles
9% yield! I’d buy Legal & General shares for big dividend income
Value Shares
9.22% a year! This cheap income stock is a once-in-a-decade opportunity and I’m buying it
Investing Articles
Which is better value, the Aviva or Legal & General share price?
Investing Articles
£500 monthly income from a £20K Stocks and Shares ISA? Here’s how
