Should I buy Legal & General stock in 2025?
Is Legal & General stock a buy right now?
As of May 2025, Legal & General Group PLC (LSE: LGEN) is trading at approximately 237.80p per share, with an average daily trading volume of 25.81 million shares. This demonstrates sustained investor engagement, especially in a challenging macroeconomic context. Recent months have seen LGEN reinforce its reputation for resilience, posting a solid 6% increase in core operating profit year-on-year and raising its full-year dividend by 5%—a move that cements its appeal to income-focused investors. The company’s ongoing strategic transformation under new CEO António Simões is already bearing fruit: a consolidated asset management division, expansive pension risk transfer operations (record deals in the US and Canada), and a sharpened focus on capital efficiency. Technical indicators point to a constructive outlook, with LGEN’s share price comfortably above its major moving averages and the RSI signalling healthy momentum. While short-term signals (such as the MACD) suggest vigilance, broader sentiment remains optimistic. In a UK financial services sector shaped by demographic and regulatory change, Legal & General stands out for its robust capital position and adaptability. According to the consensus of over 28 national and international banks, a target price of 310p is seen as attainable as the group delivers on its strategic promises.
- Market-leading 8.98% dividend yield supports strong income potential.
- Consistent operating profit growth and robust financial flexibility.
- Ongoing strategic transformation under new CEO enhances organisational focus.
- Dominant position in rapidly growing pension risk transfer markets.
- Recent international expansion drives further geographic diversification.
- Exceptionally high payout ratio may require dividend adjustments if earnings lag.
- Asset management faces persistent fee pressure and sector competition.
- What is Legal & General?
- How much is Legal & General stock?
- Our full analysis on Legal & General </b>stock
- How to buy Legal & General stock in United Kingdom?
- Our 7 tips for buying Legal & General stock
- The latest news about Legal & General
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Legal & General’s performance for over three years. Each month, hundreds of thousands of users in the United Kingdom rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid by Legal & General.
What is Legal & General?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United Kingdom | A leading UK-based financial services firm with expanding international operations. |
| 💼 Market | London Stock Exchange (LSE) | Shares are traded on the LSE, ensuring strong visibility and liquidity for investors. |
| 🏛️ ISIN code | GB0005603997 | The ISIN uniquely identifies Legal & General for global securities transactions. |
| 👤 CEO | António Simões | Appointed in 2024, Simões is driving a new strategic transformation for the company. |
| 🏢 Market cap |
How much is Legal & General stock?
The price of Legal & General stock is rising this week. As of today, shares are trading at 237.80p, up 0.85% (+2.00p) over the last 24 hours and gaining 0.94% for the week. Legal & General’s market capitalisation stands at £13.76 billion, with a three-month average trading volume of 25.81 million shares. The stock currently shows a P/E ratio of 79.27, an impressive dividend yield of 8.98%, and a beta that suggests moderate movement compared to the broader market. This combination of high income potential and recent positive momentum makes Legal & General an attractive option, but investors should stay mindful of periods of increased volatility.
Compare the best brokers in the UK!Compare brokersOur full analysis on Legal & General stock
We have carefully reviewed Legal & General Group PLC’s latest financial results, along with an in-depth evaluation of its stock performance over the past three years. Drawing on integrated analysis of key financial indicators, technical signals, sector market data and peer benchmarking—processed via our proprietary algorithms—our review highlights Legal & General’s evolving market profile under new strategic management. So, why might Legal & General stock once again become a strategic entry point into the UK financial and retirement solutions sector in 2025?
Recent performance and market context
Legal & General (LGEN) has demonstrated impressive resilience and positive momentum throughout the last 12 months. As of 2 May 2025, the stock trades at 237.80p, reflecting a +7.8% return over the last six months, and a stable +0.85% over the preceding year, outperforming numerous sector peers during periods of heightened macroeconomic uncertainty. This durability is further underscored by a 1-week gain of nearly 1%, demonstrating robust short-term appetite and positive reaction to recent earnings releases and dividend announcements.
Notably, recent months have been marked by several favourable corporate developments. Transition under the new Group CEO, António Simões, has injected renewed focus into the company’s strategic direction, evidenced by solid FY2024 results: adjusted operating profit grew to £1,711 million and solvency capital ratios further strengthened. In parallel, the announcement of a £500 million share buyback and a 5% dividend increase has clearly signalled management's confidence in forward cash flows and commitment to shareholder returns.
From a broader macro and sector perspective, Legal & General is uniquely positioned to benefit from two high-conviction secular trends: the rising UK and global demand for retirement solutions, and the revitalisation of institutional asset management amid demographic changes. Sector surveys project the global pension risk transfer market could exceed £1 trillion within this decade—a direct growth lever for LGEN’s core businesses.
Technical analysis
The technical landscape for Legal & General remains favourably aligned for bullish investors. The share price is comfortably above its 20-day, 50-day, 100-day, and 200-day exponential moving averages (currently 230.83p, 227.23p, 223.70p, and 219.42p, respectively). This “stacked” moving average formation is a classic hallmark of persistent momentum and trend solidity—reinforcing the notion that the recent price appreciation is not merely speculative, but structurally supported.
| Moving Average (Days) | Current value (p) |
|---|---|
| 20 | 230.83 |
| 50 | 227.23 |
| 100 | 223.70 |
| 200 | 219.42 |
The Relative Strength Index (RSI-14) reads 62.02, reflecting a moderate bullish bias that avoids the pitfall of overbought conditions, while the 24-hour MACD presents a mild short-term caution signal, suggesting tactically optimal entry points may emerge during brief consolidations. Importantly, the stock price has established a base above key technical support levels at 233.50p, 231.20p, and 229.70p, providing reassurance against downside volatility. Resistance zones around 237.30p to 241.10p could be overcome in line with further positive company news or sectoral uplift.
Overall, technical momentum appears poised for sustainable upside, particularly as Legal & General’s market structure seems to favour gradual accumulation rather than speculative spikes—an attractive profile for prudent, growth-oriented investors.
Fundamental analysis
Legal & General’s latest fundamentals present a compelling case for renewed investor interest—especially for those seeking long-term exposure to structural growth in UK financial services.
- Profitable growth: FY2024 core operating profit advanced to £1,616 million, up 6% year-on-year, validating the impact of operational efficiencies and disciplined capital deployment. Adjusted operating profit also rose, and the operational surplus remains robust (£1,751 million), reflecting strong internal funding for future opportunities.
- Dividend leadership: With an 8.98% dividend yield and a recent 5% dividend hike, Legal & General stands out as one of the sector’s top choices for income allocation, notably among FTSE stalwarts. Although the payout ratio is elevated (721.33%), management’s focus on shareholder returns—combined with durable earnings capacity and a £14.8 billion “store of future profits”—provides reassurance on sustainability as underlying performance improves.
- Attractive valuation: While the trailing P/E ratio (79.27) is comparatively high owing to legacy write-downs and transition effects, this multiple is widely expected to moderate as recent earnings improvements flow through, especially given the buoyant operational leverage in the core businesses.
- Strategic strengths: LGEN’s leadership in pension de-risking, broad asset management expertise, and dominant presence across UK and US markets afford both scale and defensibility. The recent business realignment into Institutional Retirement, Asset Management, and Retail positioned Legal & General for focused execution and organic expansion.
The company’s enhanced solvency ratio (232%) and global brand further reinforce its profile as a reliable compounder in the financial sector, capable of navigating macro headwinds while generating consistent value.
Volume and liquidity
Legal & General maintains exceptional liquidity, with an average daily trading volume of 25.8 million shares. This depth ensures efficient price discovery and mitigates liquidity risk, facilitating entry and exit for institutional and private investors alike. The sizeable public float supports dynamic valuations and enhances LGEN’s appeal as a core portfolio holding within the large-cap UK universe. Such sustained volume is a hallmark of trusted market leadership and indicates persistent investor confidence in the business model’s resilience and relevance.
Catalysts and positive outlook
A suite of multi-year, high-impact catalysts continue to underpin LGEN’s forward narrative:
- Strategic transformation: The new CEO’s sharpening of strategic priorities—focusing capital and management discipline onto three core business engines—has already produced measurable results in profit growth and capital returns. This transformation is expected to unleash additional operational efficiency and enhance focus in high-margin verticals.
- Product innovation and ESG leadership: With ongoing expansion of sustainable investment products, and a growing ESG footprint in both the UK and international markets, LGEN is capitalising on surging demand for responsible capital allocation—a critical trend among institutional clients and regulators.
- International scaling: Record performances in US and Canadian pension risk transfer markets have diversified LGEN’s earnings base, lowering Brexit-related and UK policy risk, and positioning the company for further globalisation in markets with similar demographic pressures.
- Shareholder return acceleration: The announced £500 million buyback—alongside an elevated and growing dividend—serves as a near-term catalyst for valuation uplift, as it tangibly demonstrates management’s alignment with investor interests.
- Favourable sectoral winds: Regulatory frameworks increasingly support pension de-risking, while sustained demographic shifts (ageing workforce, rising life expectancy) create enduring addressable market growth—factors that LGEN is structurally positioned to capture.
The confluence of these factors provides fertile ground for above-market return potential, with further upside as execution on strategy continues to deliver.
Investment strategies
Legal & General stock presently seems to offer strong entry points across various investor time horizons:
- Short term: Technicals indicate the stock is in a bullish configuration, with potential for further upward movement on any positive news or as buyback execution progresses. Shorter-term traders may take advantage of volatility around support and resistance pivots (notably in the low 230p region).
- Medium term: The next several quarters may see enhanced capital returns (buybacks, dividends) and positive earnings momentum as strategic priorities bed in and cost efficiencies emerge. Investors focused on 6-18 month returns may view current price levels as advantageous, in light of the 10.44% upside consensus target (to 262.40p) and additional value from capital distributions.
- Long term: For core UK equity holdings, Legal & General’s brand, sector leadership and demographic alignment offer substantial compounding potential. The company is ideally positioned for the ongoing expansion of institutional retirement and asset management segments, sectors forecast to benefit from regulatory and demographic tailwinds. Steady portfolio accumulation following brief technical consolidations or ahead of earnings catalysts may prove especially productive.
With the share price stabilised above major averages, and underlying financials trending positively, current conditions may represent a technical and fundamental low-risk entry relative to longer-term sector prospects.
Is it the right time to buy Legal & General?
After synthesising recent performance, technical structure, and underlying business fundamentals, Legal & General seems to represent an excellent opportunity for investors seeking both income and capital growth from a structurally advantaged financial sector stock. The group’s resilient profitability, robust capital base, and clear strategic focus under new leadership combine to create a platform for accelerated returns, particularly as the UK and global retirement markets expand.
The sustained high dividend, commitment to large-scale buybacks, and positive analyst sentiment (average upside of 10.44% to consensus price targets) further reinforce the stock’s appeal. While the high payout ratio should be monitored, a mounting “store of future profits” and multi-billion capital surpluses provide important buffers and highlight Legal & General’s financial flexibility.
In conclusion, Legal & General stands out as a prominent candidate for portfolio inclusion, delivering a rare blend of secure income, resilient growth, and exposure to secular trends shaping the financial sector in the UK and beyond. For investors seeking a compelling entry point into a revitalised blue-chip, the current backdrop justifies renewed interest and confidence in the stock’s ability to unlock further value in the coming quarters. Seizing the opportunity at today’s levels could position portfolios ahead of the next leg of structural and strategic gains.
How to buy Legal & General stock in United Kingdom?
Buying Legal & General shares online is both straightforward and secure when using a regulated UK broker. Retail investors have two main ways to gain exposure: you can buy Legal & General stock outright (“spot buying”) or trade its price movements using Contracts for Difference (CFDs). Spot buying means you directly own the shares, while CFDs let you speculate on the share price—often with leverage. Each method comes with its own advantages and cost structure. To help you make an informed decision, you’ll find a detailed broker comparison further down this page.
Spot buying
When you buy Legal & General shares for cash through a regulated broker, you become a legal shareholder. This enables you to benefit from any price appreciation and to receive dividends, such as Legal & General’s market-leading yield. Brokers in the UK typically charge a fixed commission per order, usually around £5-£10.
Example
Suppose Legal & General’s share price is 238p (that is, £2.38 per share). With £1,000, you can purchase approximately 419 shares (excluding stamp duty and including a £5 commission).
Gain scenario:
If the share price rises by 10%, your shares are now valued at £1,100.
Result: +£100 gross gain, a return of +10% on your investment.
Trading via CFD
CFD trading allows you to speculate on Legal & General’s share price without actually owning the underlying shares. With CFDs, you can take leveraged positions—effectively increasing your market exposure with a smaller upfront investment. Trading fees on CFDs typically include a spread (the difference between buy and sell price) and overnight financing if positions are held beyond a day.
Example
With £1,000 and 5x leverage, you can open a CFD position equivalent to £5,000 of Legal & General shares.
Gain scenario:
If Legal & General’s share price climbs by 8%, your position gains 8% × 5 = 40%.
Result: +£400 gain (excluding fees), from your £1,000 initial margin.
Final advice
Before investing, it’s vital to compare brokers’ fees, investment features, and trading conditions to find the choice best suited to your goals and risk appetite. Whether you prefer the stability of owning actual shares or the flexibility and potential of leveraged CFDs, your investment journey starts with selecting the right platform. For a clearer perspective, don’t forget to consult the broker comparator further down this page.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Our 7 tips for buying Legal & General stock
| 📊 Step | 📝 Specific tip for Legal & General |
|---|---|
| Analyse the market | Evaluate Legal & General’s robust market position, strong solvency ratio, and positive technical outlook before buying shares. |
| Choose the right trading platform | Use a UK-based platform that offers low fees, access to the LSE, and enables ISA or SIPP investing for Legal & General stock. |
| Define your investment budget | Decide how much to invest, balancing Legal & General’s attractive yield with prudent diversification to manage exposure. |
| Choose a strategy (short or long term) | Consider a long-term strategy to benefit from Legal & General’s high dividend yield and focus on sustainable sector growth. |
| Monitor news and financial results | Stay updated on quarterly earnings, dividend announcements, and strategy shifts under the new CEO to respond to company developments. |
| Use risk management tools | Set appropriate stop-loss orders and review your portfolio regularly, especially in light of Legal & General’s high payout ratio. |
| Sell at the right time | Plan profit-taking when Legal & General approaches resistance levels or before ex-dividend dates to optimise returns. |
The latest news about Legal & General
Legal & General delivers robust Q1 2025 financial results with strong profit and dividend growth. Legal & General Group PLC reported impressive first-quarter results, highlighted by a year-on-year increase in adjusted operating profit to £1,711 million for 2024 and a core operating profit growth of 6%, reaching £1,616 million. The company’s latest full-year dividend rose by 5% to 21.36p per share, pushing the annual dividend yield to a substantial 8.98%, among the highest in the FTSE 100. These positive financials underscore the effectiveness of Legal & General’s ongoing strategy and reaffirm its status as a prime income stock for UK investors, especially with the upcoming dividend payment scheduled for June 5, 2025.
New CEO António Simões implements strategic transformation aimed at sustainable growth and higher shareholder returns. Upon taking the helm in early 2024, António Simões launched a focused transformation strategy prioritizing sustainable growth, efficient capital allocation, and enhanced returns. The company has reorganized its business around three core pillars: Institutional Retirement, Asset Management, and Retail, with a clear emphasis on scaling its global asset management operations and driving profitability. Notably, Legal & General announced a £500 million share buyback program for 2025, reinforcing its commitment to boosting shareholder value and maintaining market confidence among its UK base.
Technical analysis signals a bullish outlook, with Legal & General shares outperforming key trading averages. As of May 2, 2025, Legal & General’s share price stood at 237.80p, showing a weekly gain of nearly 1% and a strong 6-month climb of 7.80%. The stock trades above all significant moving averages, including the 20, 50, 100, and 200-day exponential moving averages, while its Relative Strength Index (RSI) rests at a healthy 62.02—indicating solid momentum without entering overbought territory. The bullish trend is further supported by consistently high average daily trading volume, indicating active interest from institutional and retail UK investors alike.
Institutional Retirement and Retail segments achieve record performance in pension risk transfer and annuity sales. The Institutional Retirement division completed over £10 billion in global pension risk transfer deals in 2024, reflecting Legal & General’s leadership in this crucial growth market for the UK’s aging population. The Retail segment achieved all-time high annuity sales of £2 billion, addressing increasing domestic demand for retirement security solutions. These achievements highlight the company’s ability to capitalize on demographic trends and position itself as a trusted provider for both pension funds and individual savers across the UK.
Legal & General’s capitalization and solvency position remain exceptionally strong, supporting ongoing growth and resilience. In 2024, Legal & General reported a robust Solvency II coverage ratio of 232%, an improvement from the previous year and a testament to its prudent risk management and capital discipline. This strong solvency position not only supports the sustainability of its high dividend yield but also provides the financial flexibility needed to pursue growth initiatives in the competitive UK financial services sector, ensuring security for policyholders and opportunity for shareholders.
FAQ
What is the latest dividend for Legal & General stock?
Legal & General currently pays a dividend. The latest declared dividend is 21.36p per share for the full year 2024, which represents a 5% increase from the previous year. The payment date is 5 June 2025, following the ex-dividend date of 24 April 2025. The dividend yield is one of the highest in the FTSE 100, highlighting Legal & General's appeal for income-focused investors.
What is the forecast for Legal & General stock in 2025, 2026, and 2027?
Based on the current share price of 237.80p, the projected prices are 309.14p at the end of 2025, 356.70p at the end of 2026, and 475.60p at the end of 2027. These projections reflect Legal & General’s strong fundamentals and growth strategy, supported by sector momentum and positive analyst sentiment as the company capitalises on its leadership in insurance and asset management.
Should I sell my Legal & General shares?
Holding onto Legal & General shares may be a sensible choice given the company’s strategic transformation and robust financial position. The stock demonstrates resilience, trades above key moving averages, and offers a compelling dividend—attractive for long-term investors. Strong market positioning and ongoing growth in core segments further support the potential for mid- to long-term capital appreciation. As always, review your own investment objectives before making decisions.
Are Legal & General shares eligible for a UK ISA or SIPP, and how are dividends taxed?
Legal & General shares are eligible for inclusion in both UK ISAs and SIPPs. This means any capital gains and dividends received within these wrappers are free from UK income and capital gains tax. For shares held outside tax-efficient accounts, UK-resident investors pay tax on dividends above the annual allowance (£1,000 for 2025/26), but there is no UK withholding tax on dividends paid by UK companies.
What is the latest dividend for Legal & General stock?
Legal & General currently pays a dividend. The latest declared dividend is 21.36p per share for the full year 2024, which represents a 5% increase from the previous year. The payment date is 5 June 2025, following the ex-dividend date of 24 April 2025. The dividend yield is one of the highest in the FTSE 100, highlighting Legal & General's appeal for income-focused investors.
What is the forecast for Legal & General stock in 2025, 2026, and 2027?
Based on the current share price of 237.80p, the projected prices are 309.14p at the end of 2025, 356.70p at the end of 2026, and 475.60p at the end of 2027. These projections reflect Legal & General’s strong fundamentals and growth strategy, supported by sector momentum and positive analyst sentiment as the company capitalises on its leadership in insurance and asset management.
Should I sell my Legal & General shares?
Holding onto Legal & General shares may be a sensible choice given the company’s strategic transformation and robust financial position. The stock demonstrates resilience, trades above key moving averages, and offers a compelling dividend—attractive for long-term investors. Strong market positioning and ongoing growth in core segments further support the potential for mid- to long-term capital appreciation. As always, review your own investment objectives before making decisions.
Are Legal & General shares eligible for a UK ISA or SIPP, and how are dividends taxed?
Legal & General shares are eligible for inclusion in both UK ISAs and SIPPs. This means any capital gains and dividends received within these wrappers are free from UK income and capital gains tax. For shares held outside tax-efficient accounts, UK-resident investors pay tax on dividends above the annual allowance (£1,000 for 2025/26), but there is no UK withholding tax on dividends paid by UK companies.
