Lloyds should do well in 2022, the bank is in a much better financial position now than many years ago and Covid - 19 is already factored in, so really from here, the only way is up with some standard fluctuations on the way. £1 should be achieved sometime in the next year or two. If they decide to dish out a special divi that should help the SP along the way. GLA.
Hi everyone, July should be a good month for Lloyds, especially when all restrictions are lifted later this month, momentum should be good. In my opinion, 50p looks reasonable and in sight for the share price short term, medium to long term we may potentially go back to pre Covid - 19 level, it will be good to see what level of dividend is to be paid later this year, quite potentially an attractive dividend share for the future. Good luck to all short term holders and long term holders/sufferers, fill your boots and sit tight, as future potential share price growth and/or dividends are looking likely to come good on this share. Anyone who bought in last year at 23p will already be sitting on great profits. GLA and do not shoot me down for my positive opinion. DYOR if you choose to invest in Lloyds Banking Group.
Britain's five biggest banks may be in line for a £5billion windfall that could help to boost dividend payouts later this year.
Barclays, HSBC, NatWest, Lloyds Banking Group and Standard Chartered stashed away billions of pounds in case customer loans turned sour during the pandemic.
But the chief executive of one major lender told The Mail on Sunday that far fewer customers had defaulted or missed payments on their loans than had been forecast.
The executive said banks could start to claw back some of these provisions later this year, freeing up more money to pay dividends.
Alastair Ryan, head of European banks strategy at Bank of America, said about £20billion was set aside for possible bad loans last year. He estimates that nearly a quarter would 'likely' be clawed back before the end of the year.
Omar Keenan, an analyst at Credit Suisse, said the Big Five UK-listed banks are 'currently carrying about £5billion more in provisions than their current economic projections strictly say they need'.
Analysts expect releasing the money will boost bank profitability and help to increase shareholder payouts to as much as £7.6billion this year – close to 2019 levels.
The Bank of England will update the City within weeks on whether banks can pay out dividends and buy back their shares without limits on the amount they can dish out.
The central bank stopped lenders from dishing out dividends last March so they could shore up their balance sheets. It relaxed the rules in December, but left restrictions in place.
A top bank chief executive told The Mail on Sunday: 'In terms of late payments and loan defaults, there's been virtually nothing. This is across the industry. It's even quiet in comparison with pre-Covid.
'We've got more cash on our balance sheet than we've ever had.'
However, he warned that 'there's a long way to go' because the end of the furlough scheme in September 'could become an issue'.
Some banks bought back shares and resumed dividends earlier this year in respect of 2020, but await clarity from the Bank of England on the extent of payouts this year.
Gary Greenwood, analyst at Shore Capital, said he would be 'very surprised' if banks were not allowed to pay more dividends.
Russ Mould, analyst at investment site AJ Bell, said: 'The Big Five are now expected to distribute £7.6billion in 2021. If that is achieved, it would be the highest since the £13.3billion peak of 2007.'.
this is likely to be a steady rise share with dips on the way, but with good fundamentals in comparison to KNB.
Looks like a great company with good prospects, I have bought some today and some on Friday, my average is higher than some peeps on here but I think it will do well in the long run. The share price may drift back down to 4p in the absence of any news but as and when news starts to flow in such as clinical trial results, further contracts and updates this will gather momentum again. No reason why over a period of time it cannot achieve 30p to 40p per share, last week was just day traders and gamblers galore. Good luck to all share holders.
Rampers or Derampers - why not see the drop as a buying opportunity and the rise to sell out at a profit, that way whichever direction the share prices goes you won't be disappointed, cut the childish digs at each other out of the share chat and just keep your emotions to one side when investing. There are far worse things to worry about in life, if you are alive, have a roof over your head and food on the table then you are lucky and fortunate in comparisons to many others around the world. Be thankful and grateful for what you have in life and if Lloyds comes good for us all then that's a nice bonus for everyone invested. GLA
Falklandinvestor, Good morning,
I am sure Witney your ex friend will know the risks associated with investing. Sometimes you just have to put your losses down to bad luck and a learning curve, investing is not for everyone I guess.
Morning Jim
Maybe the childish behaviour will phase out.
There is a lot of recovery expectation from the UK equities as they lag behind recover in comparison to their peer performances i.e. overseas equities and other underlying investments. In particular the banks and some other UK equities have good potential. It is just a waiting game now and see what the Lloyds BOD announce dividend wise.
why can everyone on this board not just get along, you are all here for the same reason, to invest in Lloyds shares and hopefully make a profit. so what is the point is having digs at one another.
Pre COVID - 19 the share price hovered around 60p, at the very least once life gets back to some sort of normality, the share price will get back to pre covid levels, so anyone buying now, over the medium term will do well.