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LGEN Legal & General Group Plc

217.10
-0.40 (-0.18%)
Last Updated: 09:27:27
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 Shares Traded Last Trade
  -0.40 -0.18% 217.10 3,263,617 09:27:27
Bid Price Offer Price High Price Low Price Open Price
216.60 216.80 218.60 217.00 217.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ins Agents,brokers & Service 36.48B 457M 0.0775 28.13 12.83B
Last Trade Time Trade Type Trade Size Trade Price Currency
09:27:00 O 1 216.90 GBX

Legal & General (LGEN) Latest News

Legal & General (LGEN) Discussions and Chat

Legal & General Forums and Chat

Date Time Title Posts
21/11/202409:28LGEN Moderated Thread6,984
15/11/202410:53Legal and General13,089
17/3/202416:46LGEN for charts3
03/2/202415:12Legal & General - News & Charts2,844
06/5/202319:29Legal & General (LGEN) announcement18

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Legal & General (LGEN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:27:38216.8024.34O
09:27:38216.677,00015,167.18O
09:27:00216.9012.17O
09:26:43217.001021.70O
09:26:43217.002043.40O

Legal & General (LGEN) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Legal & General Daily Update
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 217.50p.
Legal & General currently has 5,897,663,737 shares in issue. The market capitalisation of Legal & General is £12,856,906,947.
Legal & General has a price to earnings ratio (PE ratio) of 28.13.
This morning LGEN shares opened at 217.40p
Posted at 08/11/2024 10:09 by alphorn
The LGen share price seems to be going nowhere yet now yielding 9.35%. Seems an opportunity for option writing; yet no posts on the subject.
- write puts at a lower share price (strike) say 200p and bank the premium. The risk is no different to buying the shares but without the capital outlay.
- or, buy the shares and write call options to boost the yield. Bank the dividend plus the premium.

Seems a plain vanilla thread, what about these opportunities?
Posted at 24/10/2024 14:55 by pj84
This is an investment forum for investors who wish to take control of their own investments and if anyone on here is naive enough to NOT realise that both the capital value and the dividends of any share can both rise and fall. They shouldn’t be investing in individual shares.

I am not sure who these supposed naïve investors are, that you are trying to protect by being pedantic and considering Goldgeezer’s original post as a purely factual statement and I doubt if there are any such naïve investors reading this forum.

There are no certainties when it comes to investing which is always dependent on unknown events in the future and even investing in government gilts by buying at issue and holding to redemption which is probably the closest you can get to a completely risk free investment, is still not entirely without risk and I am sure we can both think of events where the future interest payments or the final redemption could be affected by an unknown event no matter how unlikely.

In my view, given the current level of interest rates which are predicted to fall, I believe the current share price and dividend represents an excellent time to invest on a long-term view and whilst I hope both the share price and dividends do increase over the next 7 plus years. I have no problem with the general thrust of Goldgeezer’s statement that even if they don’t this will still be a relatively low risk investment even if there is no growth in the share price or the dividend, current shareholders are still likely to be well rewarded over the longer term.
Posted at 24/10/2024 00:19 by pj84
There are a lot of people invested here because of the dividends including yourself anhar and we all know you aren't interested in the capital value, as your philosophy is entirely income focussed. You are of course correct in your statement of fact.

However, I think most people take the view that on balance, investing in what they regard as high quality shares where the share price has fallen (like a lot of high quality UK shares ) leading to above average yields, it is reasonable to hope that over the next 7 years the share price will in fact be higher and that the dividends will have grown over that period but even if the share price remains flat and the dividend has remained the same, then Goldgeezer’s original comment is true that you would still have doubled your investment (caveat skinny’s and yf23_1 comments both of which I upticked).

Nothing in investing is guaranteed particularly over 7 years and LGEN could go bust. But that is why we aren't invested in fixed income as we hope both the dividends and the capital value will increase.

However, like skinny my view is that Goldgeezer’s comment is a valid one Ceteris Paribus and the investment philosophy is similar to mine and differing investment philosophy's both make markets and create opportunities for all of us.
Posted at 23/10/2024 11:23 by anhar
...Capital will double in 7 years if you reinvest the dividend

That's true only if the capital is fixed at the outset like, say, a bank deposit and also if the return is fixed too. But shares and their divis fluctuate so that if for example the share price declined significantly over that period and/or divis were cut, it certainly would not double. Similarly it could go the other way and more than double if the share price increased and/or divis were maintained or raised.

But whatever, the "double in 7 years" is just not applicable to a fluctuating capital and income investment. It may happen but it lacks the certainty implied in your comment.
Posted at 21/10/2024 06:33 by garycook
Correct. A 2% increase in the dividend next 12 months is 21.04p giving a 9.15% yield @ 230p.So not to far out ! Maybe LGEN share price was 226p, when the article was written !
Posted at 16/10/2024 17:24 by mcunliffe1
The share price rise (unexpected in my case) of both LGEN and PHNX has caused me to remove the automatic dividend reinvestment option on my ii SIPP today.

I do not kid myself that I can predict the bottom of an share price range and jump in but I reckon that holding onto the dividend cash to then buy at a time better than that of about day 2-5 after receipt has to be an easy call.
Posted at 26/9/2024 11:12 by davius
netcurtains, re the comment with II share prices at 4:30pm.

I notice the large jump in portfolio value too, it's simply because II puts the share price at the mid price of any auction for each stock you hold. LGEN, VOD, PRU, all of the large companies end with a five minute (or sometimes extended) auction period. If you always find LGEN higher then it suggests someone puts in bids at a much higher price than the closing price, knowing that in the auction they'll still get them traded at the auction price. Usually by 16:40 it settles, I take closing prices to value my portfolio at 16:45. I assure you it's nothing to do with dividends or yields.
Posted at 25/9/2024 15:54 by netcurtains
I logged on to ii at 4:34pm...
The LGEN price displayed was 9% more than the "real" price.
I know you said that its the biggest after hours bid price and perhaps it is -
but perhaps that biggest bid price is always the price plus the dividend...

I say this because its always a lot bigger than the max spread price.
Posted at 23/9/2024 15:37 by netcurtains
PS - If you use II and look at LGEN share price between 4:30pm and 4:37pm I have noticed that LGEN profit column goes right up (and some other stocks)...

I think I have worked this out. In those FIVE OR SO MINUTES they add the dividend yield on so you get to see what your profit would be if that dividend yield was paid today...

Its nice to see.

Then by about 4:40pm it all goes.. Alas...
Posted at 19/9/2024 07:23 by elbrus55
It is a SETS trading system stock.Through the day I believe you see the 'last trade' but it ignores certain trade types and reporting flags, including most retail trades (they appear as 'Off book' in the trading data you can get directly from LSE.)At 16:30ish there is a closing auction and some large volumes can get matched and traded by institutions. I believe this is what you see after hours. The concept of a share price is a bit simplistic. There are different share prices depending on the volumes involved and trading system you are using.Note you cannot influence the closing price simply by trading one share at 16:29:29 at a silly price. This would distort the derivative markets.
Legal & General share price data is direct from the London Stock Exchange

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