Ryszard Donimirski

June 11, 2026, 2:41 PM EDT. Legal & General (LSE: LGEN) holds the crown as the UK's most popular dividend stock, boasting an 8% forecast dividend yield, the highest on the FTSE 100. The company backs this yield with a strong balance sheet, a Solvency II coverage ratio of 210%, and a historic £1.2 billion share buyback program announced in March. CEO António Simões highlighted plans to return £2.4 billion to shareholders over the next year, including a 2% dividend per share growth. However, potential downsides include a modest dividend rise, high stock valuation, and inflationary pressures that may dampen future earnings and share price gains. While attractive for income seekers, experts advise considering Legal & General as part of a diversified portfolio.