|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Lloyds Banking Group||LSE:LLOY||London||Ordinary Share||GB0008706128||ORD 10P|
|Price Change||% Change||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
Lloyds Chairman: Hopes To Start Paying Dividends In 2012
Dow Jones News
Lloyds Banking Group PLC (LYG) hopes to start paying dividends as soon as a European Union ban on the payments is lifted in 2012, Chairman Win Bischoff said Thursday.
He told Dow Jones Newswires the bank will look to make the payments as soon as it can. The EU called a halt to any dividends for two years as a condition of approving Lloyds' GBP17 billion government bail-out.
Bischoff's comments were made after shareholders earlier Thursday approved a GBP22.5 billion recapitalization that will allow the bank to avoid taking further state support.
Company Web site: http://www.lloydsbankinggroup.com
--By Patricia Kowsmann, Dow Jones Newswires. Tel +44(0)207-842-9295, [email protected]