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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Legal & General Group Plc (LGGNF) pays a $0.22 annual dividend, yielding 7.54% at $3.89/share. Next ex-dividend date 2026-08-20. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 7.54%
Annual Dividend: $0.22 per share
Payout Ratio: 190.0% (based on depressed trailing earnings — see safety analysis below)
Ex-Dividend Date: 2026-08-20
Dividend Frequency: annually
Sector: Financial Services
Years of Dividend History: 16
Legal & General Group Plc dividend stands at a 7.54% yield, backed by a business spanning annuities, asset management, and retirement products across the UK, US, and international markets. Founded in 1836, LGGNF operates through four segments: Institutional Retirement, Asset Management, Insurance, and Retail Retirement. The trailing annual dividend rate is $0.2190 per share, paid annually, with the next ex-dividend date on August 20, 2026. At a beta of 0.806, this stock moves less than the broader market, a characteristic that appeals to income investors prioritizing lower volatility.
Legal & General Group Plc pays out 190.0% of earnings as dividends, a payout ratio classified as high (above 75%). The company's Institutional Retirement segment writes annuity contracts and longevity insurance products that generate recurring premium income, which provides some operational underpinning for the current payout level. Legal & General Group Plc dividend safety is the central concern here: a payout ratio above 100% means the dividend currently exceeds reported earnings, and any sustained compression in earnings from its asset management or insurance operations would put the distribution under direct pressure.
Legal & General Group Plc dividend history shows a CAGR of 12.3% per year from 2011 to 2025. Per-share payments grew from $0.0564 to $0.2868 over that window (2026 data is partial and excluded from the CAGR calculation). The largest annual increase in the window was 89.5% in 2012, reflecting a low starting base rather than a repeatable growth rate.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +6.3% | $0.24 (2022) | $0.29 (2025) |
| 5-Year | +5.4% | $0.22 (2020) | $0.29 (2025) |
| 10-Year | +3.7% | $0.20 (2015) | $0.29 (2025) |
LGGNF is a high-yield income stock built around annuities, retirement savings, and institutional asset management, characteristics that attract dividend investors who prioritize current income over growth. The yield classification is high (above 4%), and at 7.54% today it sits below the 5-year average of 7.98%, meaning the current yield is not stretched relative to its own history. The 12.3% CAGR over 14 years is an impressive long-run growth figure, but the 190.0% payout ratio is the defining tension: income investors get a large, historically growing dividend, and they accept the risk that earnings coverage is thin.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-21 | $0.0851 |
| 2026-04-24 | $0.2118 |
| 2025-08-22 | $0.0828 |
| 2025-04-25 | $0.2040 |
| 2024-08-23 | $0.0792 |
| 2024-04-25 | $0.1820 |
| 2023-08-24 | $0.0730 |
| 2023-04-27 | $0.1737 |
| 2022-08-18 | $0.0660 |
| 2022-04-21 | $0.1731 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.2969 |
| 2025 | $0.2868 |
| 2024 | $0.2612 |
| 2023 | $0.2467 |
| 2022 | $0.2391 |
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