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
9% dividend yield! But this ‘Big Short’ investor is steering clear of Legal & General shares
Investing Articles
10 reasons why the FTSE 100 could hit 10,000 by Christmas!
Investing Articles
Here’s how much dividend income £5,000 in Legal & General shares could provide
Investing Articles
How much should be put in a SIPP when aiming for a £30,000 passive income?
Investing Articles
A 9.6% yield! Here’s the dividend forecast for Legal & General shares through to 2027
Investing Articles
This blue-chip FTSE 100 share offers a dividend yield of 9.1%. Is there a catch?
Investing Articles
Here are 2 UK shares and ETFs I’ve just bought for my SIPP!
Investing Articles
Up to £1,711 a year in passive income from £20k and just 3 FTSE 100 shares? It’s possible
Investing Articles
A stunning 9% dividend yield but down 11%, do Legal & General shares look like an unmissable bargain to me?
Investing Articles
Here’s how you could target a £616k retirement fund with ISAs and SIPPs
Investing Articles
How much do you need in a SIPP to target a £1500 monthly passive income?
