Dividend
Dividend policy
We announced new dividend guidance in June 2024 at our Capital Markets Event. The Board intends to grow the dividend per share by 5% for full year 2024, and by 2% thereafter. In addition, the Board announced a £200m buyback in 2024, with the intention of undertaking further similar buybacks in subsequent years, in order to return more capital to shareholders over 2024 to 2027 instead of the equivalent of maintaining the 5% per annum growth in dividends per share.
Full year dividend - progress year-on-year
Manage your dividends
Dividends are usually paid twice a year. You can choose to reinvest your dividends or have them paid directly into your bank account.
Annual dividend confirmation
In September 2023, Legal & General adopted an annual dividend confirmation process for future payments. Instead of issuing separate payment advices for each dividend, you will receive an annual dividend confirmation once a year with the interim dividend and this will outline all the dividend payments made to you throughout the tax year.
Reinvest your dividends
The Legal & General Dividend Reinvestment Plan (DRIP) is a simple and economic way of using your dividends to build your holding in Legal & General. Your cash dividends would be used to buy ordinary shares through a special dealing arrangement.
Dividends paid directly into your bank account
This option means your dividend will reach your bank account on the payment date and you won’t have the inconvenience of depositing a cheque. Cheques can sometimes get lost in the post so it is also a more secure way of receiving your dividend.
You may also be able to ask that payments be made in your local currency if you live outside the UK.
To sign up for either of these services simply log into your Investor Centre account via www-uk.computershare.com/Investor and select 'instructions'
Key dividend dates
Contact details
To have dividends paid directly into your bank account
You can sign up for this service by visiting our Share Portal or by calling the shareholder helpline on 0370 707 1399. Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Lines are open between 8.30am – 5.30pm, Monday to Friday excluding public holidays in England and Wales.
Computershare offer an international payment service called International Fund Transfer ("IFT"). Shareholders can join the IFT and register their overseas account details by registering for the Investor Centre and going to the ‘Banking Details’ tab.
For any queries in relation to your Legal & General Group Plc shareholding, please contact the Registrar:
Computershare Investor Services PLC
Email: WebCorres@computershare.co.uk
Telephone: +44 (0) 370 707 1399 (Lines are open from 8.30am to 5.30pm (UK time), Monday to Friday).
Address: The Pavilions, Bridgwater Road, Bristol BS13 8AE.
Dividend history
The following table details dividends paid by Legal & General since 1998 in pence per share.
The dividends shown have been adjusted for the share split in 1999 and for the bonus element of the rights issue in 2002. Find out more about our historical actions on our share price page.