Dividend

Progressive dividend policy

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.

Full year dividend

Seven year progress

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.

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.

To request Dividend Reinvestment Plan Terms and Conditions or to apply to join the DRIP see below.

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 go to the contact details below.

Key dividend dates

Event Date
Ex-dividend date (Interim dividend) 12 Aug 2021
Record date 13 Aug 2021
Payment of interim dividend for 2021 (to members registered on 13 Aug 2021) 20 Sept 2021

Contact details

To reinvest your dividends

Shareholders can enrol in to the DRIP via their Investor Centre account, or alternatively can download the Form and Terms & Conditions from the Computershare website.

Alternatively you can call the shareholder helpline on 0370 707 1399 and they will be able to arrange for an application form and terms & conditions to be sent to you. Calls are charged at the standard geographical rate and will vary by provider. Calls outside the United Kingdom are charged at the applicable international rate. Lines are open between 8.30am – 5.30pm, Monday to Friday excluding public holidays in England and Wales.

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 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.

For all queries contact the shareholder service team

Computershare Investor Services PLC is registered in England & Wales, Company No. 3498808 and is authorised and regulated by the UK Financial Conduct Authority. Registered Office: 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.

Year Interim Final Total for year
2021 5.18    
2020 4.93 12.64 17.57
2019 4.93 12.64 17.57
2018 4.60 11.82 16.42
2017 4.30 11.05 15.35
2016 4.00 10.35 14.35
2015 3.45 9.95 13.40
2014 2.90 8.35 11.25
2013 2.40 6.90 9.30
2012 1.96 5.69 7.65
2011 1.66 4.74 6.40
2010 1.33 3.42 4.75
2009 1.11 2.73 3.84
2008 2.01 2.05 4.06
2007 1.87 4.10 5.97
2006 1.74 3.81 5.55
2005 1.65 3.63 5.28
2004 1.61 3.45 5.06
2003 1.57 3.33 4.90
2002 1.53 3.25 4.78
2001 1.50 3.17 4.67
2000 1.36 2.96 4.32
1999 1.19 2.60 3.79
1998 1.05 2.27 3.32