"We've consistently grown cash, giving our shareholders a 300% return over this time, making us the top performer from all major life insurers across the globe. In the last five years we've nearly trebled our dividend payments, with 2014's full year dividend 21% hight than in 2013."
Chief Financial Officer, Legal & General
We announced new dividend guidance in 2014. Should our Solvency II surplus be no lower than Solvency I, we expect that we will move towards returning two thirds of net cash to shareholders via dividends. (1.5 times cover) by the end of 2015.
Source: (Annual Report & Accounts 2014)
We will provide updated dividend guidance when Solvency II clarity has fully emerged. The Board remains committed to a progressive dividend policy over the long term.
Dividends are usually paid twice a year. You can choose to reinvest your dividends or have them paid directly into your bank account.
The Legal & General Dividend Reinvestment Plan (DRIP) is a simple and economic way of using your dividends to build your holding in Legal & General. Your cash dividends would be used to buy ordinary shares through a special dealing arrangement.
To request Dividend Reinvestment Plan Terms and Conditions or to apply to join the DRIP see the contact details below.
This option means your dividend will reach your bank account on the payment date and you wont have the inconvenience of depositing a cheque. Cheques can sometimes get lost in the post so it is also a more secure way of receiving your dividend.
You may also be able to ask that payments be made in your local currency if you live outside the UK.
To sign up for either of these services go to the contact details below.
|Ex-dividend date (dividend)||24 April 2015|
|Payment of final dividend for 2014
(to members registered on 24 April 2015)
|4 June 2015|
Request DRIP terms and conditions by email: email@example.com or visit our Share Portal or call the Capita Shareholder Helpline on 0871 664 0381. Calls cost 10p per minute plus any network extras. Lines are open from 9.00 am to 5.30 pm Monday to Friday. From outside the UK the number is +44 (0) 20 8639 3402.
You can also apply to join the DRIP using the download below. Print out the application form, fill it in and then return it to:
Capita Asset Services
34 Beckenham Road
You can sign up for this service by visiting our Share Portal or by calling Capita’s Shareholder Services Team on 0371 402 3341. Calls cost 8p per minute plus network extras. Lines are open from 8.30 am to 5.30 pm Monday to Friday. From outside the UK the number is +44 (0) 800 141 2959.
To see full terms and conditions of Capita’s International Payment Service and to download the form visit our Share Portal. Send the completed form to Capita Asset Services at the address above. Alternatively you can contact the Shareholder Services Team on the number above.
Capita Asset Services is a trading name of Capita Registrars Limited and Capita IRG Trustees Limited. Share registration and associated services are provided by Capita Registrars Limited (registered in England, No.2605568). Regulated services are provided by Capita IRG Trustees Limited (registered in England, No.2729260), which is authorised and regulated by the Financial Conduct Authority. The registered office of both of these companies is The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU. www.capitaassetservices.com.