We announced new dividend guidance in March 2016. The Board has adopted a progressive dividend policy going forward, reflecting the group's medium-term underlying business growth, including net cash generation and operating earnings. This policy was reiterated at the November 2020 Capital Markets Event.
Dividends are usually paid twice a year. You can choose to reinvest your dividends or have them paid directly into your bank account.
Following the interim dividend payable 26 September 2023, Legal & General will adopt an Annual Dividend Confirmation process in relation to future payments. Instead of issuing separate payment advices for each dividend, an Annual Dividend Confirmation will be issued once a year with the interim dividend detailing all the dividend payments made throughout the tax year.
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.
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'
|Ex-dividend date (2023 interim dividend)||24 August 2023|
|Record date||25 August 2023|
|Payment date||26 September 2023|
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 Global Payment Service (“GPS”). Shareholders can join the GPS and register their overseas account details by registering for the Investor Centre and going to the ‘Banking Details’ tab.
Computershare Investor Services PLC
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.
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.
|Year||Interim||Final||Total for year|