Member Info for Asperger1

ItsaNightmare -
No need to worry, if banks cancel their divi I'm sure we will be able to claim 80% of it from the government :-)

2019 final Divi - cash sitting in an account waiting to be paid out
2020 Divi likely to be 2x covered -
Cost of divi = £2.5bn -
Leaving £2.5bn surplus for contingency, buybacks or acquisitions

Lone voice of a has been -

Sir John Vickers, former chairman of the Independent Commission on Banking, believes bank dividends should be blocked by the BoE, "according to The Times".

https://www.investmentweek.co.uk/news/4013181/pressure-builds-banks-scrap-gbp-5bn-dividends

We will see Faulkes - Q1 and interim divi announcement in a few week time :-)

Hmmm - I'm pretty sure dividends won't be cut....makes no sense to cripple pensions during this difficult time and I think Lloyds will rocket when it is clear Divi's are secure.

Divi 2x covered by earnings !!!

2020 projected results
Q1 Underlying £2.0bn Pre tax £1.6bn post tax £1.4bn divi 0.674p
Q2 Underlying £4.0bn Pre tax £3.2bn post tax £2.8bn divi 0.674p
Q3 Underlying £6.0bn Pre tax £4.8bn post tax £4.2bn divi 0.674p
Q4 Underlying £8.0bn Pre tax £6.4bn post tax £5.6bn divi 1.51p
= 3.53p total (cost~£2.5bn)
ie Dividend 2x covered !!!
Leaving the other £2.5bn for contingency

Divi 2x covered by earnings !!!

2020 projected results
Q1 Underlying £2.0bn Pre tax £1.6bn post tax £1.4bn divi 0.674p
Q2 Underlying £4.0bn Pre tax £3.2bn post tax £2.8bn divi 0.674p
Q3 Underlying £6.0bn Pre tax £4.8bn post tax £4.2bn divi 0.674p
Q4 Underlying £8.0bn Pre tax £6.4bn post tax £5.6bn divi 1.51p
= 3.53p total (cost~£2.5bn)
ie Dividend 2x covered !!!
Leaving the other £2.5bn for contingency

EU banks in crisis -
Starting to look as if we got out of the EU just in time -
UK banks strong

Just for fun,
After 30 days of self isolation post a picture of your moustache...
Maybe get your husband to join in also lol

Unlikely IMO Dalius - not when it's 2x covered by earnings !!!

2020 projected results
Q1 Underlying £2.0bn Pre tax £1.6bn post tax £1.4bn divi 0.674p
Q2 Underlying £4.0bn Pre tax £3.2bn post tax £2.8bn divi 0.674p
Q3 Underlying £6.0bn Pre tax £4.8bn post tax £4.2bn divi 0.674p
Q4 Underlying £8.0bn Pre tax £6.4bn post tax £5.6bn divi 1.51p
= 3.53p total (cost~£2.5bn)
ie Dividend 2x covered !!!
Leaving the other £2.5bn for contingency

LSE Lloyds board - is like 'care in the community' for Jamesroo lol

My conscience is clear Snige - worked hard, employed other, saved for my old age - I can hold my head up high

TFE - correct - so unfair - I want to claim my 80% lol

Snige - just image how much of a burden I will be when my state pension kicks in - paid in all my working life - it's owed to me :-)

Noooo - Levis,

I need my divi, I'm as much, if not more entitled to it that those being bailed out by the gov !!! IMO those arguing against are just jealous, bitter and twisted

Lloyds is a private business, it's financial strong, shouldn't be going cap in hand to the gov this time, I'm sure Lloy will continue to play it's part in helping the economy to recover and thrive, but what it does with it's profits is the business of Lloyds and it's shareholders and no one else!!!

Zoros - Think you'll find most pensions are stock market based - divi yield is important for pensioners - find it strange that some wish to argue against - some form of jealously I wonder?

Your right Snige - the only state freebee I've ever claimed was when I qualified for free prescriptions a few years back

Faulkes - IMO there are 2x types of people in the world - those that work hard and save so they are comfortable, safe and never a burden on the state (or anyone else) . . . and those that don't

Have to love a strong balance sheet...

Lloyds 2020 dividend likely to be well covered

2020 projected results
Q1 Underlying £2.0bn Pre tax £1.6bn post tax £1.4bn divi 0.674p
Q2 Underlying £4.0bn Pre tax £3.2bn post tax £2.8bn divi 0.674p
Q3 Underlying £6.0bn Pre tax £4.8bn post tax £4.2bn divi 0.674p
Q4 Underlying £8.0bn Pre tax £6.4bn post tax £5.6bn divi 1.51p
= 3.53p total (cost~£2.5bn)
ie Dividend 2x covered !!!

Sincerely hope not Khukov - I rely on my divi income - I wouldn't want to become a burden on the state - they have enough on their plate bailing out the workers