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Legal & General Group (OTCMKTS:LGGNY) Shares Pass Below 50-Day Moving Average - Here's What Happened

Legal & General Group logo with Finance background

Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.79 and traded as low as $15.58. Legal & General Group shares last traded at $15.70, with a volume of 37,956 shares changing hands.

Legal & General Group Price Performance

The stock's 50 day simple moving average is $15.81 and its two-hundred day simple moving average is $15.03.

Legal & General Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, April 25th will be given a $0.9943 dividend. This is an increase from Legal & General Group's previous dividend of $0.36. The ex-dividend date of this dividend is Friday, April 25th.

About Legal & General Group

(Get Free Report)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.

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