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 For Beginners
At 52-week highs, I think the Legal & General share price is heading higher still
Dividend Shares
3 FTSE 100 shares I own for pumped-up passive income!
Dividend Shares
With a yield of 8%, is this one of the best stocks to consider buying for passive income?
Investing Articles
Could the stock market hold the secret to a comfortable retirement?
Investing Articles
£1,000 in passive income! Is this top dividend stock the secret?
Investing Articles
Which is best: a Stocks and Shares ISA or SIPP? Here’s what the experts think
Investing Articles
8.25% yield! Could this FTSE 100 stock net investors a big second income?
Investing Articles
What does an ISA need to be worth to aim for a £400 monthly second income from dividend shares?
Investing Articles
Is Legal & General Group about to turn the tables on the Aviva share price?
Investing Articles
Consider targeting a £1,500 passive income with these 4 dividend shares!
Investing Articles
£567 passive income from a £7,000 Stocks and Shares ISA? Here’s how
