Member Info for hardup

Brixton
Incorrect. Lloyds only down -0.44% after dividend drop.

Rags2Riches1
Yes, if you sell today you are still entitled to the dividend.

https://www.investopedia.com/articles/02/110802.asp#:~:text=If%20you%20buy%20a%20stock

It is the narrative from the BOE that has caused the market jitters for the banks........NOT the rate rise!

Porsche1946 put the exact same post on the ADVFN Lloyds BB as well......Wanchor! lol

88
"i hate to see your reaction if it went to 40p"
I can imagine Falky must be getting excited and frothing at the mouth! lol

"............does anyone take any notice?"
Well going by SP reaction.......yes.

Rate rise less than expected SP goes down! Rate rise as expected SP goes down! Just can't win with this share!

Looks like you made the right call Fender5.

BOE forecasting a recession starting in the last quarter this year and lasting for a duration of 5 quarters!

........CONFIRMED 0.5% rise.

SC
Agree but it seems the previous falls were because the rise was less than anticipated....0.25% instead of 0.5%? If it is raised 0.5% today as anticipated hopefully no fall. But you never know with Lloyds! lol

Fender5,
Yes, if you sell today you are still entitled to the dividend.

https://www.investopedia.com/articles/02/110802.asp#:~:text=If%20you%20buy%20a%20stock,until%20the%20ex%2Ddividend%20day.

LBG's site has the opening price today with the dividend drop applied to last nights closing price, hence showing a gain. Looks like this site has not applied the dividend drop to last nights closing price.

Looking good....almost recovered the dividend drop already.

67Sam
Don't know. As it stands, the SP has to move either above or below current levels for the algo to start trading again I believe.

WB
I think that the SP has to be below the weighted average SP for the algo to buy the shares. I was under the impression that the parameters which were set by Lloyds before the buyback started have to remain the same for the duration of the buyback.....but I could be wrong on that.

After 109 trading days, buyback complete to date:
Total shares to date.................................................3,291,373,184
Total Cost to date... ................................................ £1,467,965,951.41
Average price paid to date.......................................44.6p
Percentage of £2 billion buyback completed.........73.4%

67Sam
"is 12 a record low?"
No, there were 2 occasions when 0 (nil) shares were purchased, on the 14th March and the 21st April!

Plato
"The microwave oven is so fast"
Do us all a favour and put your head in one then! lol

Looks like SP has pulled up and going to stay around this level now until markets close. So opening SP tomorrow around 44.8 to 45p? If BOE MPC increase rates by 0.5% at midday tomorrow could recover the dividend drop by close tomorrow?