Member Info for Motbuck

Indeed we will Mercia, let's hope for a positive picture! I'm not sure the 3.2p was down to history as it had only recently been reintroduced and grown after years of no divi and in line with the longer term stated aim to return up to 70% of annual profits to shareholders....

58P may just about get my main long term pot back in the blue ... :)
Still, the pot I bought around last June at 32p is a much healthier picture and it's great for those lucky enough to have got in around 24p in the last year!

Hi Mercia, Personally I would be very disappointed at 2p given it was at around 3.2p and rising before the pandemic.

I knew it was worth hanging in here al these years ....... :)

Unfortunately Labour and some of the Union Leaders remain in a Time warp and have become irrelevant to people's aspirations. Totally lost it over Brexit. Who knew what their view was? Still trying to escape Corbyn who was stuck in the 1970's.They still come across as not understanding that the only way the Public sector and benefit systems can be funded and improved is through a successful and growing Private sector. I don't believe it's particularly healthy to have what is becoming a single party state......

Still waiting to get back in under 6.50 ........maybe missed the boat? :)

Yes, banking healthy profits is always good. However, being lucky enough to have got in at 24p there are likely to be remarkable annual returns as the dividend growth hopefully ramps up over the next few years!
My main long term holding is at an average in the 50's but bought another chunk around 32p for shorter term growth and I'm now thinking that if the divi gets back up to the 3p mark again that I am hopeful of they will be very difficult to offload. At 24p a 12.5 % divi income and growing would be a serious result!

Hi Asp/Wuds, I'm sure there are many in a similar situation. I am overly invested in Lloyds as it is part of my long term plans for early retirement which I am planning for in less than a year. The hoped for return to a pre covid level of divis in 2022 would be welcome timing!

They will not be paying quarterly dividends this year and we only find out if an interim will be paid after the half year if approved by the financial authorities.
Personally I am hoping that we will move to good quarterly dividends for next year!

Hi Sufc, I think we must have first invested in Lloyds around the same time ...... it's been painful! Still hopeful of it being a good steady income provider in the years to come.

To be fair it may be the case that Arcadia disappeared due to being appallingly managed by an outdated owner who stripped the business until it was no further use to him ......

Surprised by how much this has fallen back after this blip, but hopefully will start heading up to £3 plus now......

Hi SC, I'm also hopeful of 3p , which I make more like £2.1b? With the amount of capital available and the potential to release some of the bad debt provision if the next year is going ok and the "postponed 2019" payout that may be realistic.
However, I'm always at the optimistic end of the scale so often disappointed :)

Expecting a further price drop immediately as I have just bought a few more at £2.77 ...... :)

Let's hope a £25billion buyback from Lloyds isn't too far away...... :)

Agreed. For a consistent business like this quarterly dividends would be very positive and stop these peaks and troughs around dividend time....

Much more interested in the half year update on potential divi payments. If we get good news in the half year results and clear positive direction for divi payments back towards pre Covid levels for the year ahead it will have a big impact on the share price over the summer...

Yes agreed, quarterly dividends would seem to be the way to go on such a consistent share to stop these peaks and troughs around divi dates.

Hi Mpo, Hope you are right, new to LGEN having bought some at around 260 and 290 so interested to see how it goes over the next year.

Seems like Falky is the oracle ....... :)