Is the Legal & General dividend safe right now?

No dividend is risk‑free, but the 217% Solvency II ratio as of June offers a solid buffer. Recurring fee income and annuity cash flows help, though markets, credit spreads, and regulation can affect headroom. We see the payout as well‑supported today, provided management maintains pricing discipline and capital strength.

What could move the LGEN share price over the next year?

Major drivers include interest‑rate moves, equity markets, credit spreads, and pension risk transfer volumes. Company updates on solvency, dividends, and net flows can also shift sentiment. Geopolitical shocks, like Middle East tensions, may add volatility. Clear progress on growth and capital deployment would likely support the shares.

How does Legal & General compare with Aviva for risk and returns?

L&G offers higher income potential and exposure to structural growth in annuities and investment management, but with more market sensitivity. Aviva’s general insurance is typically steadier, though exposed to claims cycles and severe weather. The choice depends on preference: higher beta income at L&G versus more defensive cash flows at Aviva.

Does the 268.9p target make L&G a buy for UK income investors?

The 268.9p 12‑month target implies modest price upside on top of an 8.6% yield, suggesting attractive total return potential. Whether to buy depends on risk tolerance, time horizon, and portfolio mix. Investors seeking income and willing to accept volatility may find the balance compelling.

Global Market Insights

LGEN.L Stock Today, March 11: 8.6% Yield, 268.9p Target vs Aviva

ByHuzaifa Zahoor March 11, 2026March 11, 2026

The LGEN share price is back in focus today as income investors weigh yield against risk. The FTSE 100 insurer LGEN.L offers an 8.6% forward dividend, a 268.9p 12‑month target implying 5.8% upside, and a 217% Solvency II ratio as of June. Recent weakness tied to Middle East tensions tested sentiment, but cash cover looks solid. We compare Legal & General’s income case with Aviva’s more defensive general insurance model, and consider what could steer the LGEN share price next.