RE: Buyback update20 Mar 2023 23:16
NC
''as we are funding our own increase, BUT we would have had a 'progressive div' without the buy backs, so we are no better off by the buybacks''
you mean like investors who reinvest their dividends to purchase more shares in order to fund their own increase in dividends?.
In the case of Lloyds having flat earnings, which Lloyds is most likely to be able to progress a dividend payment year after year -
A Lloyds making no investments with an increasing share count or a Lloyds making investments and with reducing share count?