Legal & General Group Dividends and Buybacks
Dividend criteria checks 5/6
Legal & General Group is a dividend paying company with a current yield of 9.42%.
Key information
9.4%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | 10.2% |
| Dividend Growth | 6.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.206 |
| Payout ratio | 434% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LGGN.F's dividends per share have been stable in the past 10 years.
Growing Dividend: LGGN.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Legal & General Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LGGN.F) | 9.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.7% |
| Analyst forecast (LGGN.F) (up to 3 years) | 10.2% |
Notable Dividend: LGGN.F's dividend (9.42%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: LGGN.F's dividend (9.42%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (434.4%), LGGN.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), LGGN.F's dividend payments are covered by cash flows.