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LGEN Legal & General Group Plc

236.70
-11.90 (-4.79%)
Last Updated: 11:10:50
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Legal & General Group Plc LSE:LGEN London Ordinary Share GB0005603997 ORD 2 1/2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.90 -4.79% 236.70 236.70 236.80 238.00 232.20 235.00 11,115,679 11:10:50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ins Agents,brokers & Service 36.48B 457M 0.0764 31.05 14.18B
Legal & General Group Plc is listed in the Ins Agents,brokers & Service sector of the London Stock Exchange with ticker LGEN. The last closing price for Legal & General was 248.60p. Over the last year, Legal & General shares have traded in a share price range of 203.20p to 258.70p.

Legal & General currently has 5,979,665,207 shares in issue. The market capitalisation of Legal & General is £14.18 billion. Legal & General has a price to earnings ratio (PE ratio) of 31.05.

Legal & General Share Discussion Threads

Showing 20276 to 20299 of 21275 messages
Chat Pages: Latest  815  814  813  812  811  810  809  808  807  806  805  804  Older
DateSubjectAuthorDiscuss
22/1/2024
07:26
A wave of money coming this way:
cfro
21/1/2024
10:19
I use XIRR for modelling projected returns But record realised returns as a simple CAGR - and in my head shorthand just capital gain/loss plus divi yield
williamcooper104
21/1/2024
09:11
Referencing post 4485 AW

I for one am not suprised

Could be interesting tomorrow

jubberjim
21/1/2024
08:46
I've posted my total returns on LGEN previously :-)
skinny
20/1/2024
22:16
pvb - yes, dividends should be taken into account when evaluating long term performance and have been included in LGEN figures listed.

I’ve used an averaged CAGR in each case to provide a simple long term performance comparison in each case.

I don’t use XIRR as i’m content with annualised CAGR to give me a sufficient comparison.

zac0_4
20/1/2024
18:19
zac0_4 20 Jan '24 - 14:41 - 4486 of 4489

Dividend paying shares / trusts currently make up about 25% of the overall value of my portfolio. LGEN is my largest dividend paying holding. My intention is to reduce this level of exposure to below 20% by year end.

I'm now firmly in the camp that believes receiving a regular dividend simply masks poor overall long term performance.

But shouldn't they be a part of that overall long term performance? Obviously it is better if there is significant capital gain as well! Do you use, say, XIRR to evaluate performance of a share?

pvb
20/1/2024
18:16
MCunliffe1 16 Jan '24 - 15:37 - 4447 of 4488

zac: NEVER challenge Pierre to a 'math-off' :-)

Oh, I'm game! :-)

pvb
20/1/2024
17:24
Yes. Perhaps my post hasn’t come across as intended. What I mean is you may think you’re doing ok when you focus on the dividend in your total return figures. I haven’t got my figures to hand but they’re not a million miles off the following:

My capital return -3%, dividends to date +45%, total return +42%

However, i’ve held this for years.

If I look at LGEN average annualised return over say a 10 year period it’s 5.8% pa. So a total return of 75% over 10 years.

Compare that to the L&G International Index Trust. A simple global equity tracker. It’s delivered a 10 year average of 11.7%. So, 202% over the same period.

That’s what I mean when I say dividends can mask overall returns.

zac0_4
20/1/2024
15:11
Don't understand, if you measure on a total return basis ,(div + capital growth) then it's a comparable measure across all shares
ayl30
20/1/2024
14:41
Dividend paying shares / trusts currently make up about 25% of the overall value of my portfolio. LGEN is my largest dividend paying holding. My intention is to reduce this level of exposure to below 20% by year end.

I'm now firmly in the camp that believes receiving a regular dividend simply masks poor overall long term performance.

zac0_4
19/1/2024
11:33
I was asked to create a thread some time ago for this very purpose and as you can probably guess, it wasn't used.......



spud

spud
19/1/2024
08:55
All, back in "working hours" now, so please keep it on-topic for LGEN. Thank you.

Thanks for that broker upgrade from JPM dplewis1

cwa1
19/1/2024
08:52
Hi GN,
Like you I would like to put more money in my wife's SIPP to reduce death duties however my AJ Bell paperwork says: -
"Excess Contributions
The clearest reason for a refund is when it meets the 'excess contribution condition'. This can only apply to personal contributions: refunds not only can but must be made where the member has made contributions in excess of their UK relevant earnings for the tax year"
So I guess we are stuck with the £2,880 limit.

apparition1
19/1/2024
08:12
JP Morgan raises target price to 305p from 295p
dplewis1
19/1/2024
08:08
GN the tax contribution on £2880 is the maximum contribution you can get with no earnings. You can put more in but this doesn’t make sense due to pension access restrictions. What about your partner or any children, could you make contributions on their behalf’s? Just a thought.
tag57
19/1/2024
07:22
Thanks but I am already got the full allocation in the ISAs. I just need to know what’s the maximum I can put into SIPP above the tax relief limit of £2880 as I don’t have earnings apart from company pension.
gurunostradamus
19/1/2024
00:14
#4477,

Not sure why anyone would want to not obtain tax relief in a SIPP. That's the whole point of them. The only thing that springs to mind is avoiding withholding tax on foreign dividends.

If one's income exceeds £12,570 then one will pay income tax when withdrawing money from a SIPP (OK, to be exact, on 75% of any withdrawal), but then why not put money into an ISA instead if not getting tax relief - any income from an ISA won't be taxed at all.

Ordinarily the only way one doesn't get tax relief when transferring money into a SIPP is to transfer in money from a pension from elsewhere - in which case the money has already had tax relief applied to it at some point. I don't think there's any limit on this but I don't think maybe that's what you mean?

cassini
18/1/2024
23:51
Zac

For a non earner is there a SIPP limit of annual gross contributions? £2880 is for obtaining tax relief.

gurunostradamus
18/1/2024
16:47
zac

thank you

castleford tiger
18/1/2024
11:40
BofA Global Research raises target to 272p from 260p
dplewis1
18/1/2024
11:35
CT - my earlier figures related to PHNX.

My recent post regarding annualised performance was for Legal & General International Index fund and Legal & General share itself

zac0_4
18/1/2024
11:27
zac
which company are you talking about please?

castleford tiger
18/1/2024
10:51
Just to lob a point into this debate. Receiving dividend income at the expense of long term capital erosion goes by the name of The Annuity.

I hold L&G and intend to still be holding them when I croak. I hope the capital is maintained and it probably will be as I draw-down modestly from my SIPP mainly because I hate paying tax. Hindsight would have caused me to put more into an ISA S&S than I have, perhaps at the expense of the Std. Life pension I had for 40+ years.

mcunliffe1
18/1/2024
10:27
PO - my main tracker holding is in Legal & General International Index. There is no charge to take out any amount. 10 year annualised return is 11.5%. LGEN is 5.6%.

Fund charge is 0.07%. Above performance figures are nett of this charge.

I agree with your comments regarding daily share price movements, however I see no point in receiving a dividend income at the expense of long term capital erosion.

I hold both the tracker above and LGEN.

zac0_4
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