Legal & General Group
Website:
Legal & General Group
Index:
FTSE 100
EPIC: LGEN
Supersector:
Insurance
Sector:
Life Insurance
Subsector:
Life Insurance
Market Cap:
£14.03B
Payout Frequency: Semi-Annual
Next Legal & General Group Dividend
Legal & General Group next goes ex-dividend on 23/04/2026. This will be the Final dividend for 2026.
The dividend per share amount is 15.6700p (GBP) and the payment date is 04/06/2026.
Legal & General Group Dividend Analysis and Summary
Key Dividend Details- FY25 ordinary dividend per share (DPS): 21.79p (+2% year-on-year).
- Final dividend timetable: Ex-dividend 23/04/2026; Record 24/04/2026; Payment 04/06/2026; DRIP election deadline 13/05/2026.
- Interim 2026 timetable (for reference): Ex-dividend 20/08/2026; Record 21/08/2026; Payment 25/09/2026; DRIP deadline 04/09/2026.
- Capital returns alongside dividend: £1.2bn share buyback commencing this week; management guiding ~2% DPS growth in 2026; targeted shareholder returns of >£5bn over 2025–2027.
- Coverage by capital generation: Solvency II operating capital generation per share 26.78p versus DPS 21.79p implies c. 1.2x coverage; Group OSG £1.5bn (+5%).
- Capital strength: Pro forma Solvency II coverage ratio 210% (after the Meiji Yasuda transaction and assumed buyback) underpins ongoing distributions.
- Earnings momentum: Core operating profit +6% and core EPS +9% while DPS +2% signals a conservative uplift with headroom for support.
- Return mix: The large buyback balances cash dividends and should reduce share count, supporting per-share dividend capacity over time.
Legal & General Group Annual Dividend Yield - 8.66%
Dividends Used in Calculation:
| Ex-Dividend Date | Payment Date | Type | Amount | Currency |
|---|---|---|---|---|
| 24/04/2025 | 05/06/2025 | Final | 15.36p | GBX |
| 21/08/2025 | 26/09/2025 | Interim | 6.12p | GBX |
Total (Annual Dividends Per Share): 21.48p
Dividend Yield = Annual Dividends Per Share (21.48p) ÷ Share Price (247.9p) = 8.66%
Legal & General Group Dividend History
| Ex Dividend Date | Payment Date | Type | Amount | Currency |
|---|---|---|---|---|
| 23/04/2026 | 04/06/2026 | Final | 15.6700p | GBX |
| 21/08/2025 | 26/09/2025 | Interim | 6.12p | GBX |
| 24/04/2025 | 05/06/2025 | Final | 15.36p | GBX |
| 22/08/2024 | 27/09/2024 | Interim | 6.00p | GBX |
| 25/04/2024 | 06/06/2024 | Final | 14.63p | GBX |
| 24/08/2023 | 26/09/2023 | Interim | 5.71p | GBX |
| 27/04/2023 | 05/06/2023 | Final | 13.93p | GBX |
| 18/08/2022 | 26/09/2022 | Interim | 5.44p | GBX |
| 21/04/2022 | 01/06/2022 | Final | 13.27p | GBX |
| 12/08/2021 | 20/09/2021 | Interim | 5.18p | GBX |
| 15/04/2021 | 27/05/2021 | Final | 12.64p | GBX |
| 13/08/2020 | 24/09/2020 | Interim | 4.93p | GBX |
| 23/04/2020 | 04/06/2020 | Final | 12.64p | GBX |
| 15/08/2019 | 26/09/2019 | Interim | 4.93p | GBX |
| 25/04/2019 | 06/06/2019 | Final | 11.82p | GBX |
| 16/08/2018 | 27/09/2018 | Interim | 4.60p | GBX |
| 26/04/2018 | 07/06/2018 | Final | 11.05p | GBX |
| 17/08/2017 | 21/09/2017 | Interim | 4.30p | GBX |
| 27/04/2017 | 08/06/2017 | Final | 10.35p | GBX |
| 18/08/2016 | 22/09/2016 | Interim | 4.00p | GBX |
| 28/04/2016 | 09/06/2016 | Final | 9.95p | GBX |
| 13/08/2015 | 17/09/2015 | Interim | 3.45p | GBX |
| 23/04/2015 | 04/06/2015 | Final | 8.35p | GBX |
| 27/08/2014 | 01/10/2014 | Interim | 2.90p | GBX |
| 23/04/2014 | 04/06/2014 | Final | 6.90p | GBX |
| 28/08/2013 | 30/09/2013 | Interim | 2.40p | GBX |
| Year | Interim | Final | Currency | Total | Change |
|---|---|---|---|---|---|
| 2024 | 6.000 | 14.630 | GBX | 20.630 | 5.040 |
| 2023 | 5.710 | 13.930 | GBX | 19.640 | 4.970 |
| 2022 | 5.440 | 13.270 | GBX | 18.710 | 4.990 |
| 2021 | 5.180 | 12.640 | GBX | 17.820 | 1.420 |
| 2020 | 4.930 | 12.640 | GBX | 17.570 | 4.890 |
| 2019 | 4.930 | 11.820 | GBX | 16.750 | 7.020 |
| 2018 | 4.600 | 11.050 | GBX | 15.650 | 6.820 |
| 2017 | 4.300 | 10.350 | GBX | 14.650 | 5.010 |
| 2016 | 4.000 | 9.950 | GBX | 13.950 | 18.220 |
| 2015 | 3.450 | 8.350 | GBX | 11.800 | 20.400 |
| 2014 | 2.900 | 6.900 | GBX | 9.800 | 308.330 |
| 2013 | 2.400 | GBX | 2.400 |
Legal & General Group Dividend Calculator
| Payment | Paid | Amount |
|---|---|---|
| Next | – | – |
| Previous | – | – |
Legal & General Group Dividend Growth
| Dividend Growth (1Y) | 2.01% |
|---|---|
| Dividend CAGR (5Y) | 4.4% |
| Years of Growth | 16 |
| Payout Ratio | 215.37% |
| Buyback Yield | -2.15% |
| Shareholder Yield | 6.69% |
| P/E Ratio (TTM) | 30.17 |
|---|---|
| Forward P/E | 10.37 |
| P/FCF | 3.08 |
| Earnings Yield | 4.12% |
| FCF Yield | 32.44% |
| ROE | 17.86% |
| ROCE | 0.22% |
| Profit Margin | 5.34% |
| Operating Margin | 9.98% |
| Gross Margin | 26.08% |