Just to clarify, the dividend figure you mention is for the whole year, I.e. the interim paid last September of 5.44p, and the final declared today of 13.93p.
So your next dividend payment will be 1264 x 13.93p, assuming you hold those shares on the ex-div date of 27th April, and will be paid on 5th June.
Looking like a bargain again. It nearly always falls further than market. AND nearly always goes up further than the market.
Supposedly the market it is falling today because of worries over the budget. But the European market is also falling so maybe a bit further to fall. I may have to buy more.
The dividend yield shown on freetrade is wildly inaccurate for legal and general itâs actually around 8%. Still I do think it is a very undervalued stock
In at 228 (average) in my sipp. Will sell day before exdivided day as i dont need/want dividends in my sipp. Set the price day before the day before. Greedish price. Sipp with Hargreaves so it will go through if price is met. Another ÂŁ2880 to go in (April 6th) IF legal and general are still cheap. Note legal and general share price has habit of falling a few weeks after exdividend day. No guarantees that it will do it this time.
I have noted that the uk market (both the 100 and 250) is not rising at the same rate as the US indicies dax and whatever the french one is.
Legal and general has a beta of 1.5 (over the past 5 years) so has a lot of catching up to do. Could be some big increase in legal and general if 100 shows some life.