Legal & General Group Plc Plans Dividend of $0.82 (OTCMKTS:LGGNY)

Legal & General Group Plc (OTCMKTS:LGGNY – Get Rating) declared a dividend on Thursday, April 14th, investing.com reports. Investors of record on Friday, April 22nd will be paid a dividend of 0.8223 per share by the financial services provider on Wednesday, June 8th. This represents a yield of 6.34%. The ex-dividend date of this dividend is Thursday, April 21st.

LGGNY opened at $18.07 on Thursday. Legal & General Group has a 1 year low of $15.69 and a 1 year high of $21.50. The company has a quick ratio of 3.48, a current ratio of 3.48 and a debt-to-equity ratio of 0.47. The firm’s fifty day moving average price is $18.32 and its two-hundred day moving average price is $19.38.

Several brokerages have issued reports on LGGNY. Citigroup lowered Legal & General Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 19th. Zacks Investment Research cut Legal & General Group from a “hold” rating to a “sell” rating in a research note on Friday, April 8th. Morgan Stanley lowered their target price on Legal & General Group from GBX 330 ($4.30) to GBX 329 ($4.29) in a report on Tuesday, April 5th. Deutsche Bank Aktiengesellschaft raised their price objective on Legal & General Group from GBX 320 ($4.17) to GBX 330 ($4.30) in a research note on Monday, March 28th. Finally, Royal Bank of Canada decreased their target price on Legal & General Group from GBX 380 ($4.95) to GBX 350 ($4.56) in a research note on Friday, March 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Legal & General Group currently has an average rating of “Buy” and a consensus target price of $257.75.

Legal & General Group Company Profile (Get Rating)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI).

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