Member Info for Motbuck

Hi Bertram,
Do you not think a return to 3-4p (where it was before the pandemic) constitutes a strong divi? I can see divis being at least 10% within the next few years against the current share price. Subject to a decent recovery of course. The CET1 funds surely cannot continue to increase without significant funds being returned to shareholders.......

Disappointed by the lack of clarity on reintroduction of quarterly dividends, or indeed when dividends are going to be paid?
Good that there are no further impairment provisions. Very high capital buffers now, surely that must be good news for future returns to shareholders. Overall pretty disappointed, but hope it points to a much improved picture going forward.

All over the place on a daily basis for no obvious reason ....... presents a real opportunity at this price with only good news to come IMHO

Hi Rocko, The other side of it is that someone could have spent around £300k of their retirement investments to get those 500k shares on the expectation that it would provide a reliable £1.5k per month income. A the moment they may be £100k down and lost £1.5k per month expected income. To replace that income, they may have to sell shares and crystalise the loss. Everyone is in a different situation, and we know the risks when we invest but it will certainly be a difficult time for some. Myself, I certainly want a return to dividends and although not opposed to buyback as well the previous ones seemed to make no difference to the share price or the shares in circulation. It always feels as though they are giving them away in incentives as fast as the buybacks and makes you feel as though you are just paying for the incentive schemes as a S/H instead of receiving the dividends.

Hi Coco, Yes, that's also my concern. I had been hoping for a special dividend to cover the "postponed" 2019 payment plus a marginal divi for last year.
Clearly very unlikely :)
Lloyds CET1 levels were already at the level of Barclays I believe, could that be a positive factor?

Would it really be too radical an idea for those who believe the share will improve from here and reintroduce dividends to keep it and post their views, and those that believe it will decline to sell up and move elsewhere.
Why waste your life constantly moaning and insulting people who have a different view when you don't believe the investment will be successful anyway?

Certainly looking positive with the acquisitions coming on stream and potentially further acquisitions to come in the current climate. Companies that have the strength to maintain availability and service in these challenging times are likely to do well and come out of it much stronger.

Quarterly dividends were going to be in place in 2020 until the dividends were stopped. I assume they will return to quarterly, though may be tiny amounts for 2021.......?

Nice surprise this afternoon ...... somebody knows something!

I remain hopeful of around 3p including a special divi from 2019 final results......

Blimey ST, I assume that you don't feel that dividends will return this year?
It seems an ever so slightly aggressive and over the top way to express your view and your opinion of those who may think differently ...... :)

Difficult to understand this slide in the SP , but I suppose it does represent a good opportunity to top up to provide great future returns....

Very difficult to understand what's happening to the share price here over the last couple of weeks. Everything seems to be lined up in the companies favour with strong growth in the UK and internationally. I assume this is a blip with further increases in the share price for the rest of year, particularly after the results in the summer.

Hi Dom,
It was a bit of a silly post though? Good luck with your future investments!

Thanks DC, understand now. I have a large (for me) long term holding showing a considerable loss, though I also took out a significant holding more recently which is in profit. I understand your disappointment, though I do have a much more positive view on longer term prospects and if we could return to 3-4p divi either this year or next year it would suit my long term aims.

Hi DC , Just for interest and perspective on your views, would you be happy to indicate your level of commitment in Lloyds? I do find it strange that quite a number of people on here are so consistently negative on prospects for the business but are investors. I do understand that many people may feel locked in by the collapse in the share price over the last year and remain disappointed which may be your position (I am also locked in to an extent). I do remain positive for the long term, and the dividend is key for my future plans, but understand there are many different views.

Yes Sherratti, my hope was also for a special dividend to cover last years final payment plus 1p+ for 2020......

Hi Falky,
Also surprised at how strong the property market is in London, thought it would suffer as people moved out due to the move towards working from home.....

Dc, not sure why you insist on neverending moaning and criticism of others for having a different view whilst apparently gloating that some people may have lost money in the last few weeks.
I bought a while ago at what I thought was the bottom at 32 and then watched it drop to 24. After a while it rose back above 32 where it has been since. If you have a long term positive view on the strength of the business invest, if you don't have a positive view keep your money. We all have a view and make our own decisions, many of us looking more than 2 or 3 months ahead.

Hi DC, I see you have a view, which may or may not prove correct. The bit I don't understand as with a number of others is why you all seem so upset about someone having a different view? What does it all matter, none of it affects the outcome?