The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Looks like the Motley Fool has got it wrong again. Only the naive take their articles seriously.
https://www.fool.co.uk/2024/02/19/this-dividend-stock-looks-like-a-warren-buffett-fat-pitch-at-639p/
Coming from the clown who said inflation was transitory, I don’t take heed of anything he says. With unemployment so low and wage settlements abating however, he is probably right for once and that was one of the shallowest recessions ever in the UK. No doubt that will be a disappointment to the doomsters and lefties on here that thrive on any titbit of misery to suit their warped agenda.
Chid,
You wrote this……
“I never said that they were 'going' to cut the div, I said it will be mighty tempting as can't see Lloyds paying out larger div yield than they 'need' to do to attract buyers, so as the share price falls, the yield on div gets larger, so easy then to trim the div paid out to a ' reasonable level' IF the money is 'in their opinion' not our, better spent elsewhere.”
You’ve suggested that Lloyds might cut the dividend due to its current yield. And livestock agreed with you. I happen to think you’re wrong. We will see next week.
Previous years final dividend have been double the interim Bloo. Although not set in stone, I think it’s a reasonable assumption that 1.84p will be the dividend. Unless your Chid or livestock who think the dividend will be trimmed for some reason 🤷♂️