RE: LGEN is ..11 Sep 2024 07:25
Hi BarnsleyBitter, yes so far the dividend seems to be safe, this has been a very rewarding income share for myself for many years, however you only have to look at the chart to see how this has been in decline for the last 3 years, i do hope this can change direction soon, like yourself lgen is one of my core shares for providing retirement income along with,phnx/mng/aviv/psn/lloy, I definitely wouldn't put lgen in the same basket case category as Vodafone, however the last 3 year decline in the share price is taking the shine off the dividend , i do hope we will see the share price increase to 250 plus before next Aprils exdiv