Purchase 650 shares Legal & General Group

Today I purchased 650 shares Legal & General Group against a price per share including transaction costs and stamp duty of GBP 2,21.

With this purchase my yearly estimated dividend income will increase with GBP 108,88.

Legal & General Group will pay their interim dividend in September and next month I will recieve a first dividend payment from Legal & General contributing GBP 32,05 to my dividend income this year.

The expected yield on cost based on the current dividend is 7,57%.

Legal & General Group is active as asset manager and is also the UK’s largest provider of life assurance products. Legal & General is also leading the market in managing retirement risk for pension schemes in the UK and the USA.

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