Member Info for hardup

Next date to mark on calendar 24th May......Q1 Trading update and dividend declaration.

correction to my last post......55p should read 51p :-)

A1
"new tax year next week, time running out to top up those ISA's with bargain price Lloy, divi pay day only a few weeks away, watch this space"
That ain't going to make the SP 55p this week!

A1
"46p gap filled, 51p before the weeks out?"
You're having a laugh aren't you!

With revised NAV of 78.1p and current SP 58p, the SP is on a discount to NAV of -26%.

The fact they have said they intend to pursue a "progressive" dividend policy suggests to me that dividends this year will be at least the same as last year.

Final Results 2022....Would appreciate board members views? Better than expected? Good? Bad?
NAV 78.1p
Dividends
"The Board intends to pursue a progressive dividend policy and continue to pay quarterly dividends. The level of future payment of dividends will be determined by the Board having regard to, amongst other things, the financial position and performance of the Group at the relevant time, UK REIT requirements, and the interest of Shareholders."

After 23 trading days, buyback complete to date:
Total shares to date....................................................760,310,310
Aggregate cost to date... ......................................... . £366,710,274.35
Average price paid to date.........................................48.232p
Percentage of £2 billion buyback completed...........18.34%

And for SUFC
Final Dividend payment saved to date..................... £12,164,964.96

"Put a bank in spoons"
And put the loan sharks out of business.

Kier Starmer has banned Jeremy Corbyn from standing as a Labour Candidate at the next election. Purely cosmetic. You can put make up on a pig but it's still a pig.

https://www.theguardian.com/politics/2023/mar/27/jeremy-corbyn-not-stand-labour-next-election-keir-starmer

88
"................ very messy imo."
As are the Tories. As are Labour. As is anything and everything to do with politics. lol

A1
"The Group has discussed with the Trustee the likelihood that further variable contributions will NOT be necessary in 2023 and beyond"
That is a tad misleading. The full text actually says:
"The Group has discussed with the Trustee the likelihood that further variable contributions will not be necessary in 2023 and beyond, dependent upon the outcome of the triennial valuation as at 31 December 2022. The Group expects to have substantially agreed the triennial valuation with the Trustee by the end of the third quarter of 2023, along with a revised contribution schedule in respect of any remaining deficit. Trustee agreement will be conditional upon prior feedback from the Pensions Regulator. The Group also expects that future contributions will become increasingly contingent in nature, such that they are only paid into the schemes if required. This will be reported on in future periods."

A1
"Does anyone know - is that likely the end of the pension fund problem?"
Read my post yesterday at 13:01

Liarloo
"So... the whole audience, most of which voted in favour of Boris (THE LIAR!) are now in league with the BBC, because they have finally realised, to a man, that Boris IS a LIAR."
Absolutely classic coming from the boards resident liar!

mjallen
"Now lets get this right. Liz Truss caused the independent Bank of England to raise the Rate of interest to control inflation which caused a loss of value to the government bonds that the Pension funds were gambling on the markets to enhance the profits of the Pension Funds."
Inflation caused the Bank of England to raise the rate of interest to control inflation, not Lizz Truss.

Regarding Lloyds Pension Schemes deficits and contributions in 2022.
From the 2022 Results News Release.
Page 19.......Summary of Group Results......Pensions
"The Group’s three main defined benefit pension schemes continue to have an actuarial funding deficit, but are in a
significantly stronger financial position than at 31 December 2021, when the deficit was c.£4 billion. During 2022, deficit
contributions of £2.2 billion were paid into these schemes. The Group expects to make a further fixed contribution of
£0.8 billion in the first half of 2023, consistent with 2021 and 2022. The Group has discussed with the Trustee the
likelihood that further variable contributions will not be necessary in 2023 and beyond, dependent upon the outcome of
the triennial valuation as at 31 December 2022. The Group expects to have substantially agreed the triennial valuation
with the Trustee by the end of the third quarter of 2023, along with a revised contribution schedule in respect of any
remaining deficit. Trustee agreement will be conditional upon prior feedback from the Pensions Regulator. The Group
also expects that future contributions will become increasingly contingent in nature, such that they are only paid into the schemes if required. This will be reported on in future periods."

SUFC
"He said we see the the Market start rising in the Spring and through the summer up to September / October time for the next wobble."
I thought the saying goes “Sell in May and go away, come back on St. Leger's Day,”

PSK
Carltit has been informed of that on more than occasion. He/she has learning difficulties.

After 22 trading days, buyback complete to date:
Total shares to date....................................................742,826,914
Aggregate cost to date... ......................................... . £358,618,958.68
Average price paid to date.........................................48.278
Percentage of £2 billion buyback completed...........17.93%

And for SUFC
Final Dividend payment saved to date..................... £11,885,230.62

Banks out of favour today.