RE: Structural Hedging23 Jul 2024 08:09
Hi much you should join me in cookoo land ,re buybacks ,the 2 bil per anum will continue ,if they double the divi hmgov will jump on that straight away with a big windfall .yes it could be paid out but with the attitude of lloyds bod to long term investors dream on ,they never paid the defered 2019 last divi ,not a sniff of a special or cancelled covid divis,they are making as much each year now as they were before covid but the divi is reduced and rigged to stay at approx same as a good isa % rate ,and they are now putting dosh away for a car interest rate scam which the hmgov will allow as they did ppi [which was also false ,peeps knew what they had to pay when they signed on the line]the only peeps that were missold ppi were self employed as when they went to claim they couldnt, any one else had the choice to sign or not as they did with buying a car .To finish the 5.25 % rates will be cut when they should stay where they are ,peeps will only borrow money for things they dont need if rates go as low as they did .Balance is needed between borrowers and giving savers something for lending there savings to be borrowed ,that was lost with rates going so low . have a good day