RE: Dividend Expectation30 Apr 2021 12:23
Lloyds now has a progressive dividend policy and like most of the big banks will be starting this policy at a much lower rate
our 1st dividend after covid is 0.57p as a final Dividend , We are due an interim later in the year August l understand with a final in May 2022, Most people are thinking a full year dividend will be 1.5p to 1.8p compared with 3.1 pre covid
There are many possibilities for the future when the government takes the foot off our necks
1) Share Buy Backs
2) Special Dividend as a reward for being good boys
3) Quarterly Dividends many here myself included would like to see that
Bottom line l think we are generally looking at around 4 percent yield
Add to that some price increase and in my opinion Lloyds is looking good for Both Income and Growth