As of today (2024-04-24), the Trailing Annual Dividend Yield of Legal & General Group is 7.76%.
The historical rank and industry rank for Legal & General Group's Dividend Yield % or its related term are showing as below:
LSE:LGEN'
s Dividend Yield % Range Over the Past 10 Years
Min: 3 Med: 5.7 Max: 10.7
Current: 7.76
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%.
LSE:LGEN's Dividend Yield % is ranked better than 65.6% of 1215
companies
in the Asset Management industry
Industry Median: 5.66
vs LSE:LGEN: 7.76
Legal & General Group's Dividend Payout Ratio for the
six
months ended in Dec. 2023 was 2.59.
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.
During the past 13 years, the highest Dividend Payout Ratio of Legal & General Group was 2.72. The lowest was 0.48. And the median was 0.61.
Legal & General Group's Dividends per Share for the
six
months ended in Dec. 2023 was £0.06.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Legal & General Group Dividend Yield % Historical Data
The historical data trend for Legal & General Group's Dividend Yield % can be seen below:
* 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.
For the Asset Management subindustry, Legal & General Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution
For the Asset Management industry and Financial Services sector, Legal & General Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Legal & General Group's Dividend Yield % falls into.
Legal & General Group Dividend Yield % Calculation
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
GBP 0.057
2023-08-24
2023-08-25
2023-09-26
Cash Dividend
semi-annually
GBP:GBP 1.000000
GBP 0.139
2023-04-27
2023-04-28
2023-06-05
Cash Dividend
semi-annually
GBP:GBP 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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.196
/
2.531
=
7.74 %
Current Share Price is £2.531.
Legal & General Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.196.
Legal & General Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.114
/
2.531
=
4.50 %
Current Share Price is £2.531.
Legal & General Group's Dividends per Share for the forward twelve months is calculated as £0.057 * 2 = £0.114.
* 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 (LSE:LGEN) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Legal & General Group Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Legal & General Group's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Legal & General Group (LSE:LGEN) Business Description
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.
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