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
At 231p, is there value in the Legal & General share price? Here’s what the charts say!
Investing Articles
No savings at 40? Here’s how I’d aim to retire comfortably with FTSE 100 stocks
Investing Articles
The Legal & General dividend outlook just got clearer!
Market Movers
Legal & General shares are down 3.7% today. Time to buy?
Investing Articles
Can I really make this much passive income from £11,000 invested in this FTSE dividend superstar?
Investing Articles
Beware of value traps when it comes to dividend shares!
Investing Articles
3 dividend stocks I’d buy to target a £1,620 passive income!
Investing Articles
Investing £20,000 in these FTSE 100 stocks could yield a £3,100 passive income by 2034
Investing Articles
Legal & General just paid me £266.85p! All part of my plan to make a million
Investing Articles
£20,000 in savings? Here’s how I’d use it to target £980 of passive income each month
Investing Articles
5 Dividend Aristocrats in the UK that Fools love
