Link to old thread

Key facts

Legal & General is a leading UK-based financial services business, with over 10 million customers across the world.
We deliver financial solutions and services that help people to plan for their future. Our businesses help people achieve financial security by building retirement income, protecting their homes and families and enabling them to save for the future. We aim to be socially and economically useful in society, working closely with government, industry bodies and charities to help people have good housing, live healthy lives and enjoy good levels of income in retirement.

This is our social purpose: we understand people’s financial needs, pool risk and help society by reducing the pressure on public finances.

Company Website

Financial Calendar

Recent Broker notes

BarChart Indicators

Recent Market news

Legal & General's Fundamentals (LGEN)

Thanks, skinny.

New high today @252.90p_254.70p.

New highs again today @258.90 - I can't believe there isn't more interest in these!

LGEN were one of the first outfits I bought when I first started active share dabblings in the late 90's Skinny.

Usually a very stable share to own with a modest yet consistent divi, a sort of NG of the Insurance sector as far as stability is concerned.

Jan 22: Credit Suisee: Neutral - TP: 275p

Quietly making another new high today @269.70p.

And again @271.40..271.80p.

273.20p

Preliminary Results on 4th March.

Making strides now.

L&G News

Feb 17: Deutsche: Buy - TP: 290p

Feb 18
Credit Suisse: Neutral - TP: 275p
Panmure Gordon: Buy - TP: 305p

New high again 273.80p.

Well the CS Tp hit earlier - Deutsche next! :-)

Feb 24: Canaccord Genuity: Hold - TP: 240p

New high again @279.50p

Preliminary Results on 4 Mar 2015.

Q1 2015 Interim Management Statement on 6 May 2015.

L&G invests in UK private rental market

Interesting.

L&G FY 2014 Results Part 1

LEGAL & GENERAL GROUP PLC PRELIMINARY RESULTS 2014


DIVIDENDS UP 21%, ROE UP TO 17%

FINANCIAL HIGHLIGHTS:
· NET CASH GENERATION UP 10% TO £1,104M (2013: £1,002M)
· OPERATIONAL CASH GENERATION UP 6% TO £1,101M (2013: £1,042M)
· OPERATING PROFIT UP 10% TO £1,275M (2013: £1,158M)
· PROFIT AFTER TAX UP 9% TO £992M (2013: £906M)
· EARNINGS PER SHARE UP 10% TO 16.70P (2013: 15.20P)
· RETURN ON EQUITY 16.9% (2013: 16.1%)
· FULL YEAR DIVIDEND UP 21% TO 11.25P PER SHARE (2013: 9.30p)

BUSINESS HIGHLIGHTS:
· ANNUITY ASSETS UP 28% TO £44.2BN (2013: £34.4BN)
· LGIM TOTAL ASSETS UP 16% TO £708.5BN (2013: £611.6BN)
· UK PROTECTION PREMIUM UP 6% TO £1,407M (2013: £1,326M)
· SAVINGS ASSETS UP 10% TO £124.2BN (2013: £113.4BN)
· DIRECT INVESTMENTS UP TO £5.7BN (2013: £2.9BN)


Nigel Wilson, Group Chief Executive, said:

"Legal & General delivers economically and socially useful products. Our market leading growth businesses coupled with continuous cost reductions have given us scale and efficiency in our chosen markets. The five global macro trends driving our strategy - ageing populations, globalisation of asset markets, welfare reform, digital connectivity and bank retrenchment - create long term growth opportunities, which we position our businesses to capture. The rapid growth of LGIM's international business to over £100bn, the £5bn of investment in physical assets in the UK, and our entrance into the lifetime mortgage market are all examples of the successful execution of our strategy.

Over the last five years we have increased dividend per share from 3.84p to 11.25p - a nearly threefold increase. In 2014 we produced another year of double digit growth across our key financial metrics enabling us to reward shareholders with a 21% rise in the dividend."

Stuck my neck out and bought a few on the drop!