Member Info for Pantherax

I think this will depend on any dividend announcement. I'm not sure what they're allowed to pay - whether they're allowed to pay the dividend that was suspended. The bank has plenty of capital to support large dividend payouts - even specials.

I might be dreaming here but if they pay the 2.25 final dividend from 2019 plus a token 1p end of year dividend for 2020 that would give us a nice 3.25p.

I've got my holding at an even 500,000 - which would give a nice dividend of £16,250. If that's announced at the end of year results then 38p will be a soft target. We could easily see 40's territory.

When I wake up however.......

In that case I'll go with 57.5 - my average break even price.

I've just donated my £10 - apologies for the delay. Can you put me down for 50p this year please.

That's a really interesting list. When I look at Major Shareholders on my ii account it shows this:
Moshe Greidinger - 384,429,725 - 28.02%
Israel Greidinger - 384,334,904 - 28.01%
Global City Holdings N.V. - 275,720,505 - 20.10%

I'm thinking I'm looking at out of date figures??

Good post - I think we'll see a token dividend restoration in the February final results.

@Eccles - small to average country with no natural resources?

We're the 5th largest economy in the world, one of the only 'nuclear' powers and we have significant natural resources such as coal, petroleum, natural gas, iron ore, lead, zinc, gold, tin, limestone, salt, clay, chalk, gypsum, potash, silica sand, slate, arable land - in which we can feed our entire nation if necessary and we're rich in one of the most essential natural resources - water.

And we're predicted to still be in the top 10 largest economies by 2035 behind the USA, China, India, Japan and Germany - but ahead of France.

They shot up based on a rumour last week. Very surprised we've not seen a 10-15% rise this morning.

I think we'll get an initial token dividend; not because the bank can't afford to fully restore dividends. I'm basing it one the guidance given by the BOE.

I'm only £92k down here this morning. My best position for some time :)

Good luck with your investment. Personally I think you will double your capital, and the dividends will start coming, and growing. I've a long way back on my capital but as I'm in for the long run, I'm selfishly looking forward to using the dividends to buy more cheap.

@TheFarEnd - Glad to hear you've recouped your losses and turned a profit. That's really interesting about GLEN I wasn't aware of the 0.5% bit so thanks for that tip.

@Brassgemini - I wouldn't know over bought signals if it hit me in the face haha.
Over time I've made some smaller trades within my portfolio on Lloyds where I've been in and out. Last week I sold about £15k on a tranche where I was in profit and split that across BP and Glencore reducing my averages there (both of which I also have a paper loss).
What I posted below is just my current position.

Thanks Triflepig - no offence taken. I have done a few trades with portions of my holding to do just that. I do think we'll see some sort of dividend restored in 2021 even if it is nominal. The banks are more cash rich now with their Core 1 ratio's than they've ever been.

I know some would disagree but I would also like to see a combination of share buybacks to reduce the amount of shares in circulation and at todays prices it would make a significant difference to the long term future of the share in my opinion.

I currently have 489,203 shares with an average price of 58.08p. I'm £109,000 down on paper on this share. I have no plans to sell before 2033 - only to add with future dividends from Lloyd's and other investments I have in order to bring down my average and to further build my holding.

I think the bank would like to pay a dividend at that level - and they have the capital to do so. But I've read quite a few articles that whilst the regulator will allow dividends to start being paid again they will be putting pressure behind the scenes to just pay a token dividend in 2021. We may see higher share buybacks - which at these prices could be better for us long term shareholders.

The dividend has already been declared and will be paid as scheduled on May 27th. The first quarter dividend has yet to be declared and could be in doubt. My personal view is they will stick to the first quarter dividend as they have a policy in place to pay 20% of the previous years dividend for the first three quarters. The board will not want to change this policy but could well do given the circumstances.

May's dividend will NOT be impacted.

I've got a couple myself ;-)
After topping up with £10,000 worth this morning @32.835p I've now got over half a million shares - 540,216.

I'm £122,000 down on my total holding. Hoping the prices stay low for when I get the dividend though.

Please excuse my previous response to an obvious troll who is probably after decent posters like myself reacting the way I did. I fully support you removing that post and this one in the hope you remove the trolls latest ID and posts from this board and the Lloyds board.

@genuine posters - please report Steve as ‘Other’ and say he’s a troll who posts about nothing but Jack because they are one and the same.

As others have said it goes ex-dividend on 16th April. You will be paid on the 27th May and the dividend will be 60494 x 2.25p = £1,361.115

I'm currently sitting on a paper loss of £34,635 - but I'm not worried as I am in for the longterm.
I should get a divi of £10,700 in May and then £3,200+ on the next 3 quarters. I'm just hoping the share price is like this for when I re-invest my divi's and then I can profit more when this recovers.

I feel for people who are stuck in this share with losses and I hope you get your money back.

The Bank of England has voted 7-2 to keep interest rates at 0.75%. I think this is good news for UK Banks as a rate cut would have had a negative impact.