Legal & General Group Plc

LSE:LGEN Stock Report

Market Cap: UK£14.7b

Legal & General Group Dividend

Dividend criteria checks 4/6

Legal & General Group is a dividend paying company with a current yield of 8.18%. Next payment date is on 6th June, 2024 with an ex-dividend date of 25th April, 2024.

Key information

8.2%

Dividend yield

277%

Payout ratio

Industry average yield4.3%
Next dividend pay date06 Jun 24
Ex dividend date25 Apr 24
Dividend per sharen/a
Earnings per shareUK£0.074
Dividend yield forecast in 3Y9.6%

Recent dividend updates

Legal & General Group (LON:LGEN) Will Pay A Larger Dividend Than Last Year At £0.1463

Mar 20
Legal & General Group (LON:LGEN) Will Pay A Larger Dividend Than Last Year At £0.1463

Recent updates

Legal & General Group Plc (LON:LGEN) Not Lagging Market On Growth Or Pricing

Apr 15
Legal & General Group Plc (LON:LGEN) Not Lagging Market On Growth Or Pricing

Legal & General Group (LON:LGEN) Will Pay A Larger Dividend Than Last Year At £0.1463

Mar 20
Legal & General Group (LON:LGEN) Will Pay A Larger Dividend Than Last Year At £0.1463

We Ran A Stock Scan For Earnings Growth And Legal & General Group (LON:LGEN) Passed With Ease

Aug 05
We Ran A Stock Scan For Earnings Growth And Legal & General Group (LON:LGEN) Passed With Ease

Legal & General Group's (LON:LGEN) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 15
Legal & General Group's (LON:LGEN) Shareholders Will Receive A Bigger Dividend Than Last Year

Legal & General Group (LON:LGEN) Is Increasing Its Dividend To UK£0.052

Aug 07
Legal & General Group (LON:LGEN) Is Increasing Its Dividend To UK£0.052

This Is Why Legal & General Group Plc's (LON:LGEN) CEO Compensation Looks Appropriate

May 14
This Is Why Legal & General Group Plc's (LON:LGEN) CEO Compensation Looks Appropriate

New Forecasts: Here's What Analysts Think The Future Holds For Legal & General Group Plc (LON:LGEN)

Apr 15
New Forecasts: Here's What Analysts Think The Future Holds For Legal & General Group Plc (LON:LGEN)

Is Legal & General Group Plc (LON:LGEN) A Smart Pick For Income Investors?

Mar 27
Is Legal & General Group Plc (LON:LGEN) A Smart Pick For Income Investors?

Here's What Legal & General Group Plc's (LON:LGEN) Shareholder Ownership Structure Looks Like

Mar 09
Here's What Legal & General Group Plc's (LON:LGEN) Shareholder Ownership Structure Looks Like

Would Shareholders Who Purchased Legal & General Group's (LON:LGEN) Stock Year Be Happy With The Share price Today?

Feb 11
Would Shareholders Who Purchased Legal & General Group's (LON:LGEN) Stock Year Be Happy With The Share price Today?

How Many Legal & General Group Plc (LON:LGEN) Shares Did Insiders Buy, In The Last Year?

Dec 29
How Many Legal & General Group Plc (LON:LGEN) Shares Did Insiders Buy, In The Last Year?

Key Things To Consider Before Buying Legal & General Group Plc (LON:LGEN) For Its Dividend

Dec 14
Key Things To Consider Before Buying Legal & General Group Plc (LON:LGEN) For Its Dividend

Here's What We Learned About The CEO Pay At Legal & General Group Plc (LON:LGEN)

Nov 29
Here's What We Learned About The CEO Pay At Legal & General Group Plc (LON:LGEN)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LGEN's dividends per share have been stable in the past 10 years.

Growing Dividend: LGEN's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Legal & General Group Dividend Yield vs Market
How does LGEN dividend yield compare to the market?
SegmentDividend Yield
Company (LGEN)8.2%
Market Bottom 25% (GB)2.2%
Market Top 25% (GB)5.9%
Industry Average (Insurance)4.3%
Analyst forecast in 3 Years (LGEN)9.6%

Notable Dividend: LGEN's dividend (8.18%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).

High Dividend: LGEN's dividend (8.18%) is in the top 25% of dividend payers in the UK market (5.87%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (276.6%), LGEN's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: LGEN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.