RE: Restore Our Divi14 Jul 2021 11:49
Full disclosure - I'm a Private Shareholder Lloyds Banking Group
Dear PRA,
Under your instruction, with the financial impact of Covid unknown the concept of withholding bank dividends to shore up capital was totally understandable, and at that time there were associated comments that dividends should be viewed as being 'delayed' rather than cancelled,
With the announcement yesterday that restrictions are now lifted, would you consider it only right and fair that investors on the register at that time should now receive the dividends that had been formally declared?
Yours Sincerely
enquiries@bankofengland.co.uk