Dividend

We announced new dividend guidance in June 2024 at our Capital Markets Event. We increased the dividend per share by 5% for full year 2024 and aim to increase it by 2% from then on. In 2024, the Board also announced a £200m buyback with the intention of undertaking further similar buybacks in upcoming years. This will return more capital to shareholders from 2024 to 2027. This replaces maintaining the 5% per annum growth in dividends per share.

Manage your dividends

We pay dividends twice a year. You can choose to reinvest your dividends or have them paid directly into your bank account.

Confirming your dividends

You’ll receive one annual dividend confirmation, outlining all payments made throughout the tax year. We started doing this in 2023, replacing our previous approach of sending separate confirmation for each dividend.

Reinvesting your dividends or receiving them directly

Reinvesting your dividends

The L&G Dividend Reinvestment Plan (DRIP) is a simple way of using your dividends to build your L&G holding.  

Your cash dividends will be used to buy ordinary shares through a special dealing arrangement.

Receiving your dividends directly into your bank account 

Your dividend will reach your bank account on its payment date.  You also won’t have the inconvenience or risk of depositing a cheque.

If you live outside the UK, you can ask us to make your payments in your local currency.

To sign up for either of these services, just log into your Investor Centre account via www-uk.computershare.com/Investor and select 'instructions'.
 

For any queries in relation to your L&G 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.

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.

Dividend history

The following table details dividends paid by L&G 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.