BUZZ-View from the buyside: Lloyds a strong divi play-OMGI

** Scope for divi ramp-up from Lloyds Banking Group, which recently announced its first payout since beingbailed out during the financial crisis, says Stephen Message,manager of Old Mutual Global Investors' UK Equity Income Fund

** Message reckons Lloyds -- which said (end Feb) it is topay 0.75p divi for 2014 financial yr after reporting rise inprofits & improvements in capital strength -- will have c.6/7pct divi yield in few yrs

** Good news for income funds, in particular, which have beenlooking beyond divi stalwarts where in some cases payouts lookvulnerable or stocks (such as bond proxies) appear richly valued

** c.43 pct of Message's portfolio made up of financials(one of largest exposures to financials in income sector); overtime Message reckons US Treasury yields will rise & bond proxystocks will sell off

** Lloyds & Barclays each comprise 3.5 pct ofMessage's portfolio, with HSBC c.4 pct (RM: tricia.wright1.thomsonreuters.com@reuters.net)