The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Legal & General Group Plc (LGGNF) pays a $0.22 annual dividend, yielding 7.41% at $3.90/share. Next ex-dividend date 2026-08-21. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 7.41%
Annual Dividend: $0.22 per share
Payout Ratio: 183.5% (based on depressed trailing earnings — see safety analysis below)
Ex-Dividend Date: 2026-08-21
Sector: Financial Services
Years of Dividend History: 16
Legal & General Group Plc dividend income comes from one of the UK's largest diversified financial services providers, spanning retirement annuities, asset management through LGIM, and protection insurance across the UK and US. The current yield stands at 7.41%, with a trailing annual dividend rate of $0.2191 per share. The next ex-dividend date is August 21, 2026, with the last declared payment of $0.0851 per share. At a beta of 0.796, LGGNF stock moves with less volatility than the broader market, which suits income investors who prioritize steadier price behavior alongside a high yield.
Legal & General Group Plc pays out 183.5% of earnings as dividends, a payout ratio classified as high (above 75%). The company's diversified revenue base, spanning annuity contracts through its LGR division, fee-generating asset management via LGIM, and recurring protection premiums through LGI, provides multiple income streams that can support distributions even when any single segment underperforms. 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 investment returns or insurance margins would put the payment 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 $0.2875 over that period (2026 data is partial and excluded from the CAGR calculation). The largest single-year jump was 89.5% in 2012, though growth has been far more measured in recent years, with 2024 to 2025 delivering a 9.7% increase.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +6.5% | $0.24 (2022) | $0.29 (2025) |
| 5-Year | +5.4% | $0.22 (2020) | $0.29 (2025) |
| 10-Year | +4.8% | $0.18 (2015) | $0.29 (2025) |
LGGNF is a high-yield income stock built around businesses, retirement annuities, asset management, and protection insurance, that generate recurring cash flows. The yield of 7.41% is classified as high (above 4%) and sits above the 5-year average of 6.56%, meaning the current yield is elevated relative to its own recent history. The 12.3% long-term dividend CAGR is attractive on paper, but the 183.5% payout ratio signals that earnings alone are not currently covering the dividend. An investor in Legal & General Group Plc stock gets a high nominal yield and a multi-decade dividend history, but accepts meaningful payout sustainability risk as the primary trade-off.
| Payment Date | Amount per Share |
|---|---|
| 2026-08-21 | $0.0851 |
| 2026-04-24 | $0.2118 |
| 2025-08-22 | $0.0828 |
| 2025-04-25 | $0.2047 |
| 2024-08-23 | $0.0792 |
| 2024-04-25 | $0.1828 |
| 2023-08-24 | $0.0721 |
| 2023-04-27 | $0.1737 |
| 2022-08-18 | $0.0651 |
| 2022-04-21 | $0.1731 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.2969 |
| 2025 | $0.2875 |
| 2024 | $0.2620 |
| 2023 | $0.2458 |
| 2022 | $0.2382 |
Project income from LGGNF with the LGGNF dividend calculator or track your full portfolio with the dividend tracker.