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
This 9%-yielding passive income stock is down 10% from February. Is now the time for me to add to my holding?
Investing Articles
£5,000 invested in Legal & General shares 10 years ago would have generated passive income of…
Investing Articles
9%+ yields! Here’s the dividend forecast for Legal & General shares to 2027
Investing Articles
The Legal & General share price has gone nowhere. Does a 9% yield make up for that?
Investing Articles
£10,000 invested in Legal & General shares 10 years ago is now worth…
Investing Articles
£20,000 in savings? Here’s how it could be used to target a £913 second income each month
Investing Articles
3 cheap FTSE 100 stocks with big dividends to consider buying right now
Investing Articles
With £10k in savings, here’s how an investor could target a second income of £500 a month
Investing Articles
How will the Legal & General share price react to this week’s dividend?
Investing Articles
How just £5k of savings could produce £4k a year in passive income
Investing Articles
Up 8.7% in a week but still yielding 8.6% – Legal & General shares are red hot right now!
