RE: Dump1 Apr 2022 20:08
Hi Mike, you are so right. We have a long list of positives - increased dividend this year, which will continue to grow now government own less than 50%. Strong results. Have learnt from the unwise overseas costly purchases in the past and offloading prudently now. Change of the guard who know what they are doing, less branch closures than competition, which I confess is a personal preference. Yes, it won’t be quick, but I would rather have steady growth, with an increased dividend than anything else. A safe share is very hard to find these days. Don’t forget, it was a small drop at ex dividend too, also, we hit £2.50 and will get there again. Looking across - Lloyds hasn’t delivered. Plenty of support across these boards and elsewhere saying their SP will jump up, but it hasn’t. As you point out, Barclays is suffering. HSBC has had a blue 2 years, rising 15%, so looks to me to be second choice for the future. However, NW has risen 91% in 2 years
Hi Tuneup
If you are not in for the long haul, good luck with whatever you choose to reinvest in, but don’t criticise the company without substantiating your comment. Take a look at performance across all banks since COVID and you will soon see which one is leading the pack, with the rosiest future