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home / news releases / legal general prepare for weaker dividend growth

LGGNY - Legal & General: Prepare For Weaker Dividend Growth

Legal & General Group PLC ADR

2024-06-13 21:22:18 ET

Summary

  • Legal & General announced a shift in dividend policy, with 2% annual increases planned for the next three years.
  • The company aims to simplify its business structure and improve customer relationships under a new plan, potentially boosting value.
  • Despite risks associated with the new plan, Legal & General remains an attractively valued high-yield share, with a 9% yield and strong cash generation.

FTSE 100 financial services company Legal & General ( OTCPK:LGGNY ) unveiled some significant strategic shifts in a capital markets event this week, including big news on future dividends....

For further details see:

Legal & General: Prepare For Weaker Dividend Growth
Stock Information
Company Name: Legal & General Group PLC ADR
Stock Symbol: LGGNY
Market: OTC
Website: legalandgeneralgroup.com
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