Member Info for longtimeinvestor

good fortune if you managed to catch a daily (several seconds) bottom - well done

gu

hadn't noticed the buying price going that low

''in terms of providing exceptional levels of growth''

10% + returns to shareholders each year will be fine by me

s1
''That means more future tax of cashflows, more tax of assets, more tax of shares, and more windfall tax of capitalist exploiters of the West, such as the banks.''

That could be dependant on who voters elect as a government

s1
'' the dark clouds of Silicon Valley Bank and Credit Suisse today hang over LLOY. ''

NO they don't

s1
''1. The LLOY dividend has been cancelled for 9 of the past 15 years. That is an astonishingly high non-payment rate of 60%''

There has been 5 full financial years where dividends were not paid following the Great financial crash/the acquisition of HBOS for obvious reasons

''CTY has been a regular issuer of Equity presumably to stop the shares trading at a premium''

?
No- new shares are issued at a premium to NAV, so being a benefit to shareholders. Basically CTY will invest each £1 raised and the market will currently value that £1 invested at lets say £1.02p. It also of course allows CTY to make new investments without having to sell others.

I would be more than content with a 2023 total dividend of 2.7p and 3p for 2024

A1
''Need more 'progression' on the progressive divi''

Forward yield about 5.5% compared with current ftse 100 at 3.5%.

Maybe you should look elsewhere if not content with the current level of dividend returns. You should not stay with an investment that you are not happy with.

Nu
Hardly worth mentioning 3.5 Billion

Now a high probability that 2 Billion would have been bought for less than £1 Billion

A1
''3.37p''

plus 1.6p if shareholders give permission = 4.97p

plus a soon to be £4 Billion in Lloyds share repurchase investments.

So probably returns made/currently making of between 10-11p per share since about 2 years ago

A1
''Thousands of pounds did not arrive in my bank account as a result of the cancelled divi''

The money you would have received had it ever got to the stage of shareholders giving permission for a dividend to be paid, which they didn't, because there was no such dividend ,remained on the balance sheet, with the market valuing Lloyds with that capital in place.

Similar to recently when a shareholder could have received capital back by selling shares at 54p ( cum 1.6p dividend) to get divi amount earlier, the same applied in 2020 when the £1.7 Billion was accounted for by the market in the share price.

'' As a long term holder, alongside fellow shareholders, I have received distribution related to subsequent annual earnings''

No you have received returns based on a re based progressive dividend policy and a policy of share repurchases in the market.

The £1.7 Billion retained in 2020 was not a separately ring fenced amount.
It has been FULLY RETURNED to shareholders as part of the soon to be total of about £7.8 Billion.

'' believe I'm owed''

Shareholders owe you NOTHING

HLN have got permission to purchase their own shares in the market and to make off market purchases of their shares from Pfizer and GSK.

it would have to be higher than the previous offer - not sure that Unilever are in a good enough shape to make an offer with shareholder approval

''GSK had loaded £10.7bn of debt onto Haleon bringing the figure much closer to the Unilever price. ''

HLN has made a start on reducing the debt - now down to £9.9 Billion.

A1
''Not been 'RETURNED' to all shareholders as it wasn't 'TAKEN' from all shareholders''

No capital was taken/stolen from ANY shareholder. If you believe that monies have been embezzled, you should take the matter up with the police.

As you should know, monies leaving the bank will be taken into consideration when the market values the business. As £1.7 Billion did not leave the business in 2020, the market would value the business with the retained money (it was not stolen). Any shareholder at that time would have been able if they so wished ,to extract for themselves some capital from that was held on the balance sheet by selling shares valued with the retained capital.

Once again - YOU are owed NOTHING.
Soon about £7.8 Billion would have been returned to shareholders from about 2 years ago.

IP
what is pathetic is someone wanting the same money to be returned to shareholders twice.

Readers need to know that Lloyds shareholders have ZERO debt to other shareholders.

Dor
All Lloyds shareholders should know the dates that returns to shareholders were made/initiated

A1
''Circa £1.7bn in total''

and since, circa £7.8 Billion has been returned/about to be returned

A1
''Are all investors that had their 2019 2.24p dividend withheld going to have it repaid to them, or not?''

How stupid are you?

for about the 10th time -
the retained money from 2020 has been FULLY RETURNED to shareholders.
It is not a separate entity on the balance sheet, never to be touched.