Good morning all, another Sunny day.The results look good. My guess is the market will react positively.At close today the SP is likely to be shy of 80p but above 78p.The application form for Dividend payment permission are in the post , AHO should get his hand on it any day(year) LOL Have a great day all
Not fancy doing that mate but here are a couple of ifs If Lloyds made 8 billion a year and IF Lloyds paid out 50% That would equate to over 5p per share This supports a SP of more than £1.25 However further ifs now if Lloyds mad 10 billion a year And IF they paid out 70% Then that equates to 10p divi supportingan SP of £2.50 Way beyond my expectations 4/5 years ago.
Successful implementation of our strategy Through the successful implementation of the strategy we set out in 2011, we have now turned Lloyds Banking Group into a low-risk, highly efficient, UK focused retail and commercial bank, which includes our strong insurance business. This, in turn, means that we remain well on track to deliver strong, stable and sustainable returns to you our shareholders, and given the good progress made in the first half of this year, we will apply in the second half of the year to our regulator, as expected, to restart dividend payments on the Group’s shares at a modest level. The individual strands of our strategy are the same as when it was announced in June 2011: reshape; strengthen; simplify; invest – and I would like to draw your attention to some of the actions taken in these areas over the first half of this year.
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