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Legal & General (L&G) Results and Dividend Review for 2019 Company Performance

EA Builder
EA Builder

Legal & General (L&G) Results and Dividend Review for 2019 Company Performance

Legal & General Group plc is a multinational financial services company. It’s products and services include investment management, lifetime mortgages, pensions, annuities and life insurance.

L&G announced a full year dividend of 17.57p per share, up 7% 16.42p per share in 2018.

The ex-dividend date is 23 April 2020 with a payment date of 4 June 2020.

Current dividend yield performance for Legal & General is 7.5% which compares favourably with the average performance for the FTSE 100 of 4.56% and the average performance for the sector of 4.27%.

The dividend yield for L&G for the last ten years has fallen from 7.15 in 2010 to 5.31%. (How does this 5.31% compare with the 7.5% current yield mentioned above?)

The price earnings ratio is 7.7 against a FTSE 100 of 23.54.

The share price fell from 262.3p on the day of the results to 224.90 on 9 March 2020.

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