Legal & General Group`s postal address is 1 Coleman Street, LONDON, EC2R 5AA, United Kingdom. The official website of the company is www.legalandgeneralgroup.com. The financial services provider can be contacted by telephone at +44-20-31243000. Legal & General Group Plc provides a variety of insurance products and services in the UK, US and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC) and Legal & General Insurance (LGI). The EAA sector offers guaranteed income pension contracts for a certain period of time; longevity insurance products; lifetime mortgages; lifelong care plans; Mortgages with old-age interest only; and the company savings system, which offers occupational pension solutions. The LGIM segment offers index fund management; active fixed income funds and liquidity funds; active equity management; solution- and liability-based investments; multi-asset funds; solutions for occupational pension schemes; and tangible assets. The LGC segment provides investment strategy and implementation, as well as direct investment and structuring services. The LGI segment offers protective products such as health, disability, critical illness and accident; individual insurance of terms; Reinsurance; savings and death benefits; and pensions. She is also active in mutual and institutional fund management, mortgage financing, treasury, construction and modular housing projects, general insurance and open-ended investment transactions.
In addition, the company deals with the investment, operation, management, trade and rental as well as the operation of leased real estate; and commercial real estate construction, financial intermediation, pension research and transfer, insurance agents and brokers, general partners, commercial loans, venture capital investments, contractual plans, alternative investment funds for investors, collective asset management and investment management activities; and providing investment advice, corporate information advice and technology services. Legal & General Group Plc was founded in 1836 and is headquartered in London, UK. Overall, a return of 5.3% per year is a bit disappointing in my opinion. How attractive are Legal and General`s shares? These two UK stocks offer huge dividend yields, but are they right for my portfolio? Let`s take a closer look. Legal & General Group (LON: LGEN) has a market capitalisation of £12.93 billion and generates a turnover of £25,000,000.00 per year. Of course, we must also include dividends in the calculations. Given Legal & General`s high return, the returns here will have made a big difference in total shareholder return. The company operates out of three main divisions: the long-established life insurance group and one of the pioneers of low-cost tracker funds. The company has more than 5.4 million customers, employs more than 8,800 people and has offices in the United States, France, the Netherlands and Germany, as well as its core business in the United Kingdom.
Legal & General shares are listed on the London Stock Exchange. They can be purchased from any investment account giving access to this exchange platform. 6 Wall Street analysts have issued „buy,“ „hold“ and „sell“ ratings for Legal & General Group over the past year. Currently, there is 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should „buy“ LGEN shares. Check out LGEN analyst ratings or top-rated stocks. Legal & General Group announced a dividend on Tuesday, August 9. Investors of record on Thursday 18 August will receive a dividend of GBX 5.44 per share on Monday 26 September.
This corresponds to a return of 2%. The ex-dividend date is Thursday, August 18. The official announcement can be found at this link. Read our dividend analysis for LGEN. Statistics suggest that if the market can generate a rally, shares of Barclays, Lloyds Banking and Royal Bank of Scotland are likely to see some of the biggest gains. The company employs 10,743 people worldwide. Legal & General Group records record sales and assets. Runaway interest rates make cash savings accounts more attractive, right? Our author takes a completely different view. The post Interest rates are rising, but I still buy shares for passive income appeared first on The Motley Fool UK. Currently, I do not own Legal & General shares. If that were the case, I would certainly think about portfolio diversification.
Legal & General (LSE:LGEN) shares are a popular investment in the UK, especially among older investors looking for income. One reason for this is that they offer a high dividend yield (it is currently above 7%). The federal funds rate just rose dramatically by 1.75%, meeting forecasts of 2.25%. So these two actions are for me. 6 analysts published 12-month price targets for Legal & General Group shares. Their LGEN share price forecasts range from 310 GBX to 390 GBX. On average, they expect the company`s share price to reach GBX 344.83 next year. This suggests a potential upside of 59.3% from the current share price. Check out analyst price targets for LGEN or check out the top-rated stocks among Wall Street analysts. Legal & General had a great price race, but is there more to come? However, it is important to note that the financial services sector is highly regulated. Any intentional or accidental violation of regulations can result in significant fines that can destabilize the LGEN share price.
Legal & General Group`s payout ratio is 54.26%. At less than 75%, this distribution rate is at a healthy and sustainable level. Looking at the company`s dividend history, I calculate that I would have received a total of 86.5 pence in dividends if I had bought the stock five years ago. This corresponds to an income of approximately £1,625.