LSE:LGEN (Legal & General Group Plc)
Legal & General Group Plc (LSE: LGEN)
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At 8.4%, can the FTSE 100’s highest-yielding share keep growing its dividend?
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An 8.2% FTSE 100 dividend yield for potent passive income!
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Frequently Asked Questions
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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.
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Yes. Legal & General shares pay a cash dividend at an average 52% payout ratio. The stock has one year of consecutive dividend growth.
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Barratt Development shares pay out a dividend twice a year, in April and August.
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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.