RE: September 2024 Sale Lloyds Banking Group was Β£6 now 58.5p20 Sep 2024 12:46
67s
''I would not even purchase any more at the current price, without a significant increase in dividend.''
??
You should know that Lloyds has a progressive dividend policy and that they currently have a policy of share buybacks for cancellation , where the monies allocated for the programmes could be switched to dividends at some time in the future.
Knowing that , it is very hopeful of you wanting a significant increase in dividend, but for the price per share to stay the same, isn't it?
The market is currently valuating Lloyds at over Β£2 Billion less than it was in January 2022.