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Legal & General keeps 2020 final dividend flat due to COVID-19

Thu, 12th Nov 2020 07:12

LONDON, Nov 12 (Reuters) - British insurer Legal & General
will keep its final dividend payment for 2020 flat due
to the impact of the coronavirus pandemic, it said on Thursday
as it set out five-year targets ahead of an investor day.

It said it aimed to have cash and capital generation and net
surplus generation exceed dividends over 2020-2024, and for
earnings per share to grow faster than dividends.
(Reporting by Carolyn Cohn, editing by Sinead Cruise)

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