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
Forget Legal & General, I’d rather buy these UK dividend shares instead
Investing Articles
I’m considering buying 2,273 shares in this FTSE 100 gem to target £2,490 a month in passive income!
Charticle
Here’s how I’d aim to double my money in a stock market crash!
Investing Articles
This brilliant piece of Warren Buffett advice is transforming how I buy shares
Investing Articles
Legal & General shares are flat after H1 results, but is the 10% yield too good to ignore?
Investing Articles
These value stocks could rise 21% to 32%
Investing Articles
If I invest £10,000 in Legal & General shares, how much passive income would I receive?
Investing Articles
2 shares for setting up big passive income streams after 50
Investing Articles
Down 10%+ in 6 months, I expect these FTSE 100 shares to rebound sharply!
Investing Articles
Shares I love: Legal & General
Investing Articles
Three 8.8%+ yielding shares I’d buy for an ISA in August
