Legal & General: Capturing Upside While Pocketing 9.5% Dividend [Seeking Alpha]
LEGAL&GENL GRP PLC S/ADR (LGGNY)
NASDAQ:AMEX Investor Relations:
merriam-webster.com/dictionary/legal
Company Research
Source: Seeking Alpha
Follow Play 10min Summary Legal & General offers a compelling safe dividend yield of ~9.5%, tax qualified for US investors. The Asset Management segment holds critical upside potential for the entire company, making it a key area of focus for future growth. LGEN has already made several important steps to improve the Asset Management segment by focusing on private assets. Investors are still skeptical about the new strategy which may start delivering in 2025 and beyond. PM Images The title names the two reasons to invest in Legal & General ( OTCPK:LGGNY OTCPK:LGGNF ) (LGEN in London) that I indicated in my previous posts. In " LGEN: 8.5% Yield With Growing and Sustainable Dividend ", I provided the company's description with a dive into its IFRS 17 accounting and explained why its dividend is safe. In " LGEN: Negative Response To New Strategy... " I covered its Investor Day and subsequent stock drop. In this post, we will emphasize only what has happened since my
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