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Oh dear another drop
Gloucester for your information, anything under £1 gets classed as a penny share. Its not far off now
Is this going to turn into a penny share?
Disappointed there is no special dividend being paid.
Snippet from article from This is Money
Analysts are predicting a profit of around £4billion for 2021, a dramatic swing from the £351million loss suffered in 2020, although revenues are expected to dip slightly to £10.7billion from £10.8billion.
The dividend, as always, will be a key point of interest when the results are announced, with predictions of a final payment of 5.7p and a 0.5p special dividend on top, taking the total payout for the year to 9.2p per share, equivalent to around £1billion.
Back in
2018 - 7.5p special divi paid
2019 - 12p special divi paid
If we were paid a special divi of 10p along with a final divi of 6p, I would be happy with that.
"They are about to announce a special dividend to get rid of the enormous amounts of cash they have been accumulating"
I have feeling lloyds will want to keep most of their surplus cash for strategic acquisitions, maybe a buy to let business to bolt onto Citra Living or an investment wealth business
Will Shu flogged a dead horse, ridiculous valuation. Do not see this share recovering.