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I know.. During the Mr Meerkat times. I seem to remember you giving up hope, selling all Lloy and wishing evryone the best ( very politely)... The mind plays tricks however, so maybe it was someone else!
Agreed Skier1 & Mick B. There seems to have been very little forward thinking involved by the government! Perhaps the next step is to re-introduce rationing or Red Cross Parcels... I think the over 70s are more likely to die of anxiety/depression or starvation than CV19. Totally bonkers!
Have just returned from a Tesco Superstore. They've sold out of Potatoes, milk, chicken, sausages, beans , pasta, chopped tomatoes etc.etc.. Place was full of elderly people panic buying. Is it any wonder when they've been advised to self-isolate for the next four months? Got to feel for those elderly people who've not been able to get out as yet!
According to Boris and Jeremy Hunt on C4, the total number infected could be as high as 10,000. Number that has died is 10. Number in intensive care is 20. If all those infected in intestive care die (highly unlikely) then the total number of fatalities is 30. As a proportion of those that may be infected that equates to 0.3%. If the total population is say, 65,000,000 then the proportion of fatalities equates to 0.00000046%. The proportion of people potentially infected according to the current figure would be 0.0154%. Mind you, as a long term holder of Lloyds I consider myself considerably unlucky and will therefore be panic buying powdered egg, dried milk, and spam tomorrow. GLA and feel free to correct me if I've got my figures wrong..
Hi J36.
Lloyds Banking Group PLC (LLOY.LN) said that it will start paying quarterly dividends from 2020, providing its 2.4 million shareholders a more regular flow of payouts.The U.K. bank said it will pay the first three quarterly dividends each year at equal payments in June, September and December at 20% of the previous year's total.
The fourth-quarter dividend, which will be announced alongside the full-year earnings, is expected to be a higher payout and reflect the group's financial performance for the year.
As the 2019 interim was 1.12p and the final (payable in May) is 2.25p this totals 3.37p. At 20% this equates to 0.674p per quarter payable June/Sept/Dec. The final 40% payable May next year will of course depend on the 2020 results.
An old link , but still correct re Lloyds Quarterly dividend policy
Hence the reason for the drop.
Apologies for revisiting this issue!
My understanding is that during this calendar year, Lloyds will pay dividends of 2.25p (final), and three interims of 0.67p. These would total 4.26p per share. Based on a current shareprice of 50.5p the return is 8.43% over the next ten months, which equates to 10.12% per annum! Just trying to find some good news in these dark days....
Hi. As a very long holder of LLoy, I occasionally see what's going on here. I see there are various leaver / remainer views which, if successful will affect the sp. I have a simple question:
It seems that the Conservatives would welcome a motion of "no confidence".
This would trigger a general election, which the government wants but the others don't.
Could the Conservatives call for a motion of no confidence in their own government?
What would be the opposition vote?
I'm confused!
Date and statement: George Culmer 26/10/2016:
Lloyds Banking Group has taken another £1bn hit for payment protection insurance, in a move it hopes will cap its bill for the mis-selling scandal at £17bn.
The fallout has cost the industry has already reached £37bn and looks likely to rise further in the coming days when other high street banks could add to their existing provisions for mis-selling the insurance product.
George Culmer, Lloyds’ finance director, said the £1bn top-up should be the last “big” addition to the bank’s PPI bill and was driven by the decision by the Financial Conduct Authority to set a deadline of June 2019 – rather than spring 2018 – for claims.
Hi. Sorry to be slightly off topic, but as an irregular contributor I would ask people to look at the following, which I think puts everything into perspective :
https://www.youtube.com/watch?v=JOolfjkLoJw
So I've lost money on my Lloyds investment.... Does it really matter in the context of those that gave their lives for what really matters?