Member Info for Motbuck

Agreed, a complex situation at the moment and difficult to see how it will pan out as the economy rebalances. Very difficult to see how much is Brexit related and how much Pandemic related along with the global Supply Chain issues. Overall, my feeling is that the economy is rebounding pretty well and we are going through a period of major adjustment to a very suddenly changed labour market. The increases in pay rates at low pay levels are a real positive going forward.

The fact is Snige that it is desperately difficult to find employees at the moment .......

Surely the extremely positive employment data will see Lloyds leave the 50p barrier behind for the forseeable.
No idea why it wasn't already very clear that the severe labour shortage remains after the end of furlough .....

Really hoping that Lloyds pushes on from here and leaves 50 behind to settle in the mid 50's prior to positive news in 3 months time to move us forward into the 60's ........ It all seems good news ahead, I can live in hope :)

Baggs , if the shares are held in an ISA the dividend is paid directly into your ISA account so doesn't count towards the £20k allowance. The £20k is only a limit on new cash invested in the ISA.

This week I hope..... shouldn't be too difficult to break through this time!

Falky , Very true!
LTI ,SUFC, I suppose we will find out in 3 months time more about the future plans. Just expressing my preference ..... :)

Hi LTI, Yes, they did say they were moving to quarterly dividends in 2020. The dividend for the year before quarterly's was due to be 3.28p in total so looking healthy. Then of course the pandemic struck. I still believe we are in a position to move back to the original plan now.

Hi LTI, I know it's not a problem with dividends in 2 payments rather than 4, but I felt the move to 4 would give a stability and consistency that dividend payments were fundamental to future plans and bring in the big pension funds etc. Also it stops the volatility in share price before and after ex divi dates that you get with some shares. Just feel it would be a strong message to build confidence and well suited to Lloyds on it's return to being a solid and stable investment.

Hi LTI, I do think they will have their own plans, and the only indication so far was that the move to quarterly dividends is cancelled which personally I find disappointing and raises a concern over the direction of travel .......

Hi Paul, With the cash fund that the business is sitting on and the direction of earnings, a dividend payment of 4p per year for example (approx £2.8 bn) should not restrict ongoing investments and would provide a return to shareholders as promised whilst driving the share price back to more expected levels. (All in my opinion of course :) )

Too right Cookoo, absolutely no reason for the dividend not going back immediately to pre pandemic levels and beyond.
Also no reason not to return to the plan of quarterly dividends which would also increase stability. A dividend next year of a penny per quarter would do wonders for the share price and is the least we should expect.

Bit disappointing this morning given the consistently positive broker recommendations on Lloyds. Seem to be having no impact, yet other times a much less bullish positive comment seems to provoke an immediate positive reaction?

Incredibly disappointing today ...... seemed such a struggle to break through 50p as well.
I have to keep reminding myself that I wasn't selling anyway so it doesn't really matter ...... : (

HU, I suspect that you're right, but it seems difficult to justify not making a minor increase with the rate of escalation in inflation and shortage of labour meaning effectively zero unemployment....

Don't think Dividend Max do say anything about a dividend payment in December ......????????

Is there something you haven't been telling us ?????

Morning hardup, we were very close to 7% dividend pre- pandemic and now with strong profits and an increased capital fund it seems reasonable....

LTI, coming around to my way of thinking ....... :)

A very nice way to start the week! Despite the inevitable fluctuations, everything seems much better when it's flowing the right way on a good run :)