13 June 2024 - trading buy
Shares in Legal & General fell by 13.3p to close at 229.8p yesterday following a capital markets day during which the company outlined its plans for the future. These included merging the group's two investment businesses and increasing the focus on the business of pension risk transfer. The company has also pledged to increase the dividend by 5% this year with increases of 2% promised for the next three years. The dividend for the calendar year 2023 was 20.34p per share so this year that will rise to 21.35p. That . . .
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