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
2 UK shares to target for passive income
Investing Articles
Best British value stocks to buy in July
Investing Articles
The Legal & General share price makes it one of my top buys for big dividends
Investing Articles
3 stocks I’d buy for dividends in July!
Investing Articles
Is Legal & General stock the best FTSE 100 passive income buy?
Investing Articles
No pension at 50? I’d build my retirement on these 2 world-class FTSE dividend stocks
Investing Articles
Can a new CEO reverse the share price losses of this star high-yield stock?
Investing Articles
Could the Legal & General share price be heading above 300p in 2024?
Investing Articles
9.7% dividend yield! Here’s the Legal & General dividend forecast for the next THREE years
Dividend Shares
8%+! Legal & General dividend forecasts for 2023 and 2024 make me want to buy now
Investing Articles
“If I could buy only one stock right now, it would be…”
