Legal & General Group Plc (LON:LGEN) Declares Dividend of GBX 4.93

Legal & General Group Plc (LON:LGEN) announced a dividend on Wednesday, August 7th, Upcoming.Co.Uk reports. Investors of record on Thursday, August 15th will be given a dividend of GBX 4.93 ($0.06) per share by the financial services provider on Thursday, September 26th. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, August 15th. The official announcement can be seen at this link.

LON:LGEN opened at GBX 232.20 ($3.03) on Wednesday. The company has a quick ratio of 0.59, a current ratio of 1.62 and a debt-to-equity ratio of 57.19. The stock has a market capitalization of $13.91 billion and a P/E ratio of 7.59. Legal & General Group has a 12 month low of GBX 221.80 ($2.90) and a 12 month high of GBX 292.30 ($3.82). The stock has a 50-day moving average price of GBX 262.82.

A number of research firms recently commented on LGEN. Deutsche Bank reiterated a “buy” rating on shares of Legal & General Group in a research report on Friday, August 9th. Shore Capital reiterated a “buy” rating on shares of Legal & General Group in a research report on Thursday, June 6th. UBS Group reiterated a “sell” rating and issued a GBX 215 ($2.81) target price (down from GBX 225 ($2.94)) on shares of Legal & General Group in a research report on Thursday, August 8th. Jefferies Financial Group boosted their target price on Legal & General Group from GBX 273 ($3.57) to GBX 300 ($3.92) and gave the stock a “hold” rating in a research report on Monday, April 29th. Finally, Royal Bank of Canada boosted their price objective on Legal & General Group from GBX 350 ($4.57) to GBX 360 ($4.70) and gave the stock a “top pick” rating in a research note on Thursday, July 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Legal & General Group currently has an average rating of “Hold” and an average target price of GBX 299.80 ($3.92).

In other news, insider Henrietta Baldock acquired 711 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were bought at an average price of GBX 261 ($3.41) per share, with a total value of £1,855.71 ($2,424.81). Also, insider John Kingman acquired 1,574 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was purchased at an average cost of GBX 272 ($3.55) per share, for a total transaction of £4,281.28 ($5,594.25). In the last ninety days, insiders have bought 2,934 shares of company stock worth $777,896.

Legal & General Group Company Profile

Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), Legal & General Insurance (LGI), and General Insurance (GI) segments.

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Dividend History for Legal & General Group (LON:LGEN)

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