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
3 cheap stocks I’d buy now for extra passive income!
Investing Articles
1 FTSE 100 and 1 FTSE 250 dividend stock to buy for 2022
Investing Articles
2 UK dividend stocks that cost under £3 and yield over 5%
Investing Articles
3 cheap dividend stocks (including an 11.7% yielder) to buy for 2022
Investing Articles
2 ‘no brainer’ UK shares to buy before 2022
Investing Articles
How I’d use £500 to target passive income from UK dividend shares
Investing Articles
With £500 to invest, I’d buy this 6%-yielding FTSE 100 pearl right now
Investing Articles
The best FTSE 100 stocks for passive retirement income
Investing Articles
These FTSE 100 shares have dividend yields of over 6%
Investing Articles
3 FTSE 100 dividend stocks I’d buy and hold long term
