|Bid||270.90 x 0|
|Ask||271.20 x 0|
|Day's range||268.70 - 274.80|
|52-week range||225.49 - 309.90|
|Beta (5Y monthly)||1.48|
|PE ratio (TTM)||8.23|
|Earnings date||09 Aug 2022|
|Forward dividend & yield||0.18 (6.92%)|
|Ex-dividend date||21 Apr 2022|
|1y target est||310.06|
LONDON (Reuters) -British insurer Legal & General expects to deliver double-digit growth in cash and capital generation in the first half of the year and its operating performance is on track, it said on Thursday. L&G's solvency ratio, a key measure of capital strength, rose to 215% at June 30, from 187% at end-Dec 2021, the life insurer said in a trading update. Legal & General Investment Management, one of the biggest investors in the UK stock market, saw net external inflows of 50 billion pounds ($59.72 billion) in the first half, compared with flows of 26 billion pounds over the same period a year earlier.
Men’s pensions are worth more than double their female counterparts when they retire, new research has shown.
LONDON (Reuters) -Legal & General Investment Management, a significant shareholder in Capricorn Energy and Tullow Oil, said on Monday it had "strong reservations" about a proposed merger between the two companies. Tullow and Capricorn agreed an all-share merger earlier this month in a deal worth around $827 million, paid for in newly issued Tullow shares. The deal, which needs shareholder approval from both groups, would create an Africa-focused producer of around 100,000 barrels of oil equivalent per day with a regular dividend, ending a payout drought for Tullow shareholders.