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
8.8% yield! Is the Legal & General share price a brilliant opportunity to make passive income?
Investing Articles
£15,000 in savings? 3 FTSE shares I’d buy to create lasting passive income
Investing Articles
Best British dividend stocks to buy in July
Investing Articles
£10k in an ISA? I’d aim to invest it for a second income of £1k a year
Investing Articles
£17,800 in savings? I’d buy UK shares to try and retire early
Investing Articles
10 stocks that Fools have been buying!
Investing Articles
45% of my second income portfolio is in these 3 undervalued FTSE 100 stocks
Investing Articles
£17,773 to invest? These 2 FTSE 100 shares could provide a £1,457 passive income!
Investing Articles
£17,000 of shares in the FTSE 100 dividend giant can make me £18,874 every year in passive income!
Investing Articles
Buying 8,617 Legal & General shares would give me a stunning income of £1,840 a year
Investing Articles
Legal & General shares: a once-in-a-decade passive income opportunity?
