Legal & General: When Boring Is Beautiful
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Far Horizon1.49K FollowersFollow5ShareSavePlay(14min)CommentsSummaryLegal & General Group Plc remains a core "forever" dividend holding, consistently outperforming the market and insurance sector.LGGNY's core operating EPS rose 9%, ROE reached 54.6%, and solvency coverage is robust at 217%, supporting a progressive dividend policy with an 8.6% yield.GBP 5.1bn in capital returns over three years—over a third of market cap—underscores strong capital management and shareholder focus.Growth is anchored by Pension Risk Transfer, with 6–8% CAGR expected and a solid brand advantage despite LGGNY facing rising competition. akinbostanci/E+ via Getty Images Founded way back in 1836, Legal & General Group Plc is a leading UK financial services group and major global investor and one of the world's largest asset managers. They are a global leader in pension risk transfer, in UKThis article was written byFar Horizon1.49K FollowersFollowThe author has an honours degree in economics and politics with a focus on economic development. With 36 years of experience in executive management he has extensive knowledge of insurance/reinsurance, Global and Asia Pacific markets, climate change and ESG. He invests in his personal capacity.Analyst’s Disclosure:I/we have a beneficial long position in the shares of LGGNY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The author is not an investment advisor and offers no advice here, He shares his own analysis solely for the interest of readers. Note that my position is in LGEN, the UK native listing, not the ADR.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.