Member Info for longtimeinvestor

KK

''Near on £30bn on social housing''

Lloyds are a bank - they lend money

Lloyds also have Citra - buying property for rental income

Dave

''is only benefiting the management with their fat cat salary.''

as with someone else - how have you determined that?

Riz

On current profitability Lloyds can comfortably return the equivalent of 6p per share per year. The BOD in the future will determine the best way to return this money which includes evaluating whether Lloyds shares are a good investment to purchase and cancel on behalf of long term shareholders at any given future market valuation

Average share price now 20.56p

Opened at 42.933 (this morning)

now closed at 43.961

Mot

''I was also expecting dividends of 4p+ by now.''

Lloyds currently have a progressive dividend and buyback policy.

They could have with a change of policy pay a 6p dividend in 2024 financial year instead, but sensibly are maintaining the current policy.

Jcb

''Where's the Telegraph money gone, or has it not been added to the balance sheet yet;;

LTI

Today 07:36

Impairment credit of £541 million includes the impact of a significant write-back following the full repayment of debt from a single name client.

NC

Spin?

I is you that has said in the past that Lloyds need not pay out more than 5% of a share price.

Lloyds will pay the same dividend per share in 2024 financial year based on profitability and policy, no matter what the share price is - not reduced with a reduced share price and not increased with an increased share price.

Your 5% theory has already clearly been blown out of the water don't you think?

Very soon, probably tomorrow or Monday

Mar

The only 'blame' for a car purchased with interest on borrowing at X% is the person deciding to make the purchase.

https://www.moneysavingexpert.com/loans/personal-car-loans/

Sed

''Much more provision to come from motor finance in the future''

why is that?

NuckyT

Goodbye - decisions now on an alternative to get your 7+ %

NC

'' IF the share price doubled, then to maintain that same yield they would need to 'double' what they pay out to investors in divs.''

Have you STILL not learnt anything on this matter - monies set aside for dividends are determined by profitability and policy NOT a share price

A cancelation of 4 Billion shares in 2024 would be a fantastic result for long term shareholders - anything above that is super fantastic

A 2024 financial year dividend should be at about the 3p level

Aat

''There is no excuse for not including a special dividend at this time.''

Buybacks are the preference at the moment - any possible increase in the buyback budget may not have come about due to new provisions posted in the quarter - shame

Ls

''You not getting 14% from the divi payment don't bullsh''

?

LTI

Today 08:52

Ls

''it is for investors to decide whether 14% shareholder returns is a great investment - personally I think it is just fine.''

Aat

''The bonuses for those at the BOD trough will be guaranteed through this additional buyback ''

and how have you come to that conclusion?

Ls

it is for investors to decide whether 14% shareholder returns is a great investment - personally I think it is just fine.

Cook

so you think a ''shower of 5hit '' is worth 35p