Legal & General Posts Rise In 2014 Profit, Raises Dividend

by Benzinga Staff
March 4, 2015 5:48 AM | 1 min read | Make a Comment

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Legal & General Group PLC (OTC: LGGNY) reported an increase in its profit for 2014 and lifted its dividend by 21% for the full year. Legal & General's pretax profit for the year climbed to 1.24 billion pounds ($1.91 billion), versus a year-ago profit of GBP1.14 billion. Attributable profit jumped to 985 million pounds from 893 million pounds, while EPS rose to 16.54 pence from 15.00 pence.Its revenue jumped to GBP51.52 billion from GBP39.26 billion.Net premiums earned increased to 9.047 billion pounds, compared to 5.270 billion pounds.Legal & General's board proposed a final dividend of 8.35 pence per share, versus 6.90 pence per share last year.Legal & General shares rose 0.09% to close at $21.50 yesterday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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