RE: Tomorrow4 Mar 2020 09:34
Also - I prefer an ordinary dividend/special dividend split - makes perfect sense in any economic climate. I have added substantially to my position in banks. This is nothing remotely like 2009 - the great recession. Bank of Ireland, AIB, RBS and Lloyds are almost priced at that level - but there are so many substantial differences - such as the excess capital held as buffers - low interest rates (helping people to keep a roof over their head). In my opinion, if the Bank of England had a shred of sense, they will not lower interest rates. We've seen so many times, its is totally ineffective when they are nearly zero.