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
Here’s what £11,000 invested 5 years ago in Legal & General shares is worth now…
Investing Articles
How much passive income could £10,000 make me?
Dividend Shares
How millions of UK investors could secure a £10k second income with their savings
Investing Articles
£50k to invest? These dividend shares could provide a £4,100 second income just this year!
Investing Articles
Starting with £20,000, this 5-stock SIPP could generate a £1m pension pot
Investing Articles
5 steps to start earning passive income this summer, for £5 a day
Investing Articles
£20,000 invested in this 5-stock ISA could generate a £1,400 second income
Investing Articles
Should I buy these FTSE 100 dividend stocks with 8%+ yields before it’s too late?
Investing Articles
£5k invested in the highest-yielding FTSE 100 stocks could make this much passive income…
Dividend Shares
I asked ChatGPT for its 2 favourite FTSE dividend shares. Here’s what it told me
Investing Articles
3 world-class dividend shares to consider for passive income!