Member Info for hardup

briall
Yes, they will ask share holders regarding dividend amounts and proposed buy backs. They will announce these at final years results on 24th February, but this is still for share holder approval which gets voted on at the AGM before being passed I believe.

briall
The 2019 final dividend was not passed at the AGM as the PRA had instructed banks to withhold dividends. The PRA have now said the banks can now resume distributions to share holders. The cash which would have been paid as the 2019 final dividend is still on the balance sheet, it has not gone anywhere. After the PRA lifted the restriction Lloyds announced a 2021 interim dividend at the half year results in July of 0.67p, which was paid in September. The expectation is that unless there is a total and sudden collapse of the economy that Lloyds will announce a final dividend of 1.34p at the end of year results which will be paid in May. Lloyds have stated that because of uncertainty they will make a decision at end of year results regarding further distribution of excess capital on the balance sheet. So I do not anticipate that they will make any statement at 3rd quarter update regarding distribution of excess cash to share holders, we have to wait until final results 24th February, but as I have said, the expectation is that there will be at least a 1.34p final dividend announced at that time based on final dividend is usually 2 x interim dividend. All going well there may also be a special dividend and/or buy back announced at that time as well.

DOW Futures currently down -327 pts (-0.96%), so looking like surrendering yesterdays gains. SP here holding up better than I thought it would do today given FTSE being down -110 pts. Hold tight!

Can someone lock PlatoComesAgain in a padded cell and throw away the key! He/she/it should be sectioned under the Mental Health Act 1983!

Asperger1
"wonder what may happen to cause the dip?"
Apart from any possible deterioration of Evergrande situation in China or other unexpected major global economic slump, I would say silence in quarter 3 update regarding return of excess cash to share holders could do maybe do that?

TheFarEnd
can we get your post at 12:50 framed and hung up somewhere as not often we see that!

Asperger1
What makes you think SP will retrace in the coming weeks to close the 44p gap? There are several higher gaps that have been open for years that have not been closed.

Yes, it was yesterday Brixton, my mistake. Not good when you cannot have a bit of banter that someone does not like and they throws the toys out of the pram and report a post to get it deleted!

Brixton
I see admin have amputated another one of your posts from this morning. Drama queens like giving but don't like taking! LOL

Being invested in Lloyds is like "death by a thousand cuts"!!!

FTSE Futures on IG UP +7 pts. FTSE Futures on LIVEINDEX down -35 pts. See what happens at 08:00.

Wall Street closed well up on Friday after UK Markets closed so hoping FTSE and Lloyds will catch up on open and open markedly higher than close on Friday. But there again, this is the FTSE and Lloyds so anything can happen!

Feck of pillock!

BlindLeadBlind
Post the part that says there will not be another dividend! You said the last dividend was a Final Dividend. That is incorrect, the last dividend paid was an Interim dividend 0.67p. Final Dividend follows the Interim dividend. I think you will find that Lloyds have stated their aim is to support a progressive and sustainable dividend!

BlindLeadBlind
"the bank have already stated there will not be another DIVI, the divi received was a FINAL DIVI yet people make up crap like buyback and more divi's"
LOL....you are the one making up the crap! The last divi was an INTERIM DIVI, so there WILL BE A FINAL DIVI! And the bank HAVE NOT STATED there will not be another divi! Get your facts right before posting!

Brixton
As things stand I think Lloyds have more potential for SP gain than Natwest, plus I think better dividend prospects so I would buy Lloyds.

Hounddog10
Interesting summary. Is the pension liabilities here on same scale as BT for example?

Oh well, could do with a laugh watching a stuttering, bumbling buffoon who does not have a clue about anything make a fool of himself!

To me year end is 24th February when Final Results are announced, so I do not think there will be any special dividend or buy back or combination of both announced on 28th October for 3rd quarter results. We have to wait until 28th February 2022.

Or best of both worlds Brixton LOL