Legal & General Group Plc (LON:LGEN) insider Nigel Wilson sold 215,689 shares of the company’s stock in a transaction dated Monday, April 12th. The shares were sold at an average price of GBX 296 ($3.87), for a total transaction of £638,439.44 ($834,125.22).
LGEN stock traded down GBX 2.40 ($0.03) on Tuesday, hitting GBX 293.80 ($3.84). The company had a trading volume of 11,366,502 shares, compared to its average volume of 11,695,050. The stock has a market cap of £17.53 billion and a price-to-earnings ratio of 11.59. The company has a current ratio of 0.45, a quick ratio of 0.32 and a debt-to-equity ratio of 761.47. Legal & General Group Plc has a 12-month low of GBX 176.30 ($2.30) and a 12-month high of GBX 299.20 ($3.91). The stock’s 50-day simple moving average is GBX 280.04 and its 200 day simple moving average is GBX 249.14.
The company also recently announced a dividend, which will be paid on Thursday, May 27th. Shareholders of record on Thursday, April 15th will be paid a dividend of GBX 12.64 ($0.17) per share. This is a boost from Legal & General Group’s previous dividend of $4.93. The ex-dividend date is Thursday, April 15th. This represents a yield of 4.48%. Legal & General Group’s dividend payout ratio (DPR) is presently 0.69%.
Legal & General Group Company Profile
Legal & General Group Plc provides various insurance products and services worldwide. It operates in Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI) segments. The LGR segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products for company pension schemes; lifetime mortgages; and lifetime care plans.
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