RE: Divi19 Jun 2018 21:35
The divi is a percentage of the share price so if the shares are 60p and lloyds pay 5% thats 3p for the year.
Which is less than last year unless the share price recovers. So when the shares move to 80p and lloyds pay 5% that would be 4p for the year. Some people say the share price does not matter if you are holding long term but it does because it affects the dividend.