By Adriano Marchese

Legal & General Group PLC said Friday that it will pay its final dividend, bringing its yearly payout 7% higher than the previous year.

The FTSE 100 insurance company said that its solvency position remains "robust" notwithstanding significant market volatility.

As a result, it will pay the final dividend of 12.64 pence a share, bringing the full year's payout to 17.57 pence, compared with last year's 16.42 pence.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

April 03, 2020 12:38 ET (16:38 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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