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Legal & General Group (Legal & General Group) 3-Year Dividend Growth Rate

: 3.70% (As of Dec. 2023)
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Legal & General Group's Dividends per Share for the six months ended in Dec. 2023 was $0.35.

The historical rank and industry rank for Legal & General Group's 3-Year Dividend Growth Rate or its related term are showing as below:

LGGNY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -16   Med: 9.8   Max: 27.9
Current: 3.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Legal & General Group was 27.90% per year. The lowest was -16.00% per year. And the median was 9.80% per year.

LGGNY's 3-Year Dividend Growth Rate is ranked better than
58.15% of 865 companies
in the Asset Management industry
Industry Median: 1.7 vs LGGNY: 3.70

During the past 12 months, Legal & General Group's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Legal & General Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 2.49. As of today, Legal & General Group's Dividend Yield % is 7.63%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Legal & General Group PLC is 2.72, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Legal & General Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Legal & General Group 3-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, Legal & General Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Legal & General Group's 3-Year Dividend Growth Rate falls into.



Legal & General Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Legal & General Group  (OTCPK:LGGNY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Legal & General Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.346/ 0.139
=2.49

During the past 13 years, the highest Dividend Payout Ratio of Legal & General Group was 2.69. The lowest was 0.48. And the median was 0.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Legal & General Group PLC is 2.72, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Legal & General Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3482023-08-242023-08-252023-10-03Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.8622023-04-272023-04-282023-06-12Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Legal & General Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.21/15.875
=7.62 %

Current Share Price is $15.875.
Legal & General Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.21.

During the past 13 years, the highest Dividend Yield of Legal & General Group was 10.70%. The lowest was 3.00%. And the median was 5.70%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Legal & General Group 3-Year Dividend Growth Rate Related Terms>


Legal & General Group (Legal & General Group) Business Description

Traded in Other Exchanges
Address
One Coleman Street, London, GBR, EC2R 5AA
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.