The horse is still plodding on5 Jun 2023 08:59
Its time it broke into a trot.
Lloyds shares are down almost 30% since June 2018. As such, a £1,000 investment currently sits close to just £700. Of course, this only considers the share price movement. So what happens when dividends are added to the equation?
Back in mid-2018, £1,000 would have fetched roughly 1,600 Lloyds shares. And since then, the bank has paid out approximately 8.23p a share in dividends. That translates to around £131.68. Sadly, that’s not enough to offset the decline in the share price, bringing the total loss to around -16.8%.
By comparison, the total return of the FTSE 100 over the same period is closer to 26.9%, leaving the bank firmly in the dust