Lloyds Banking Share Discussion Threads

[chiefbrody] 20/2/2020 17:06

Decent numbers but dismal share price performance. Yet again.Expectations reset. Target 100p by 2030.

[minerve 2] 20/2/2020 16:44

LOL

Brexiters finding it difficult to accept reality?

It was always obvious who would have the whip. Never mind, eh.

[minerve 2] 20/2/2020 16:33

Maybe he is too busy bouncing Patel in some hotel room somewhere.

LOL

If he is not careful he will be forever known as the Invisible PM.

[smartypants] 20/2/2020 16:33

Ha ha ha
SP back to where it was Monday
Well at least you only have to wait 3 months for the div payout....!

[bbalanjones] 20/2/2020 16:30

For those expectant souls waiting to have BoJo visit their flooded homes and wrecked communities: He has been found lying in a half filled ditch mumbling "fieri facias"

[m4rtinu] 20/2/2020 16:23

Gbh2 - USA?

Dividends (apologies for awful formatting). No easy link on Lloyds website to new dates/ amounts, even though they refer to Financial Calendar -

The Group has a progressive and sustainable ordinary dividend policy whilst maintaining the flexibility to return surplus capital through buybacks or special
dividends.
Given the solid financial performance in 2019, the Board has recommended a final ordinary dividend of 2.25 pence per share. This is in addition to the
interim ordinary dividend of 1.12 pence per share that was announced in the 2019 half year results. The recommended total ordinary dividend per share for
2019 is therefore 3.37 pence per share and has increased by 5 per cent from 3.21 pence per share in 2018.
The Group has announced that it will move to the payment of quarterly dividends in 2020, with the first quarterly dividend in respect of the first quarter
of 2020 payable in June 2020. The new approach will be to adopt three equal interim ordinary dividend payments for the first three quarters of the
year followed by, subject to performance, a larger final dividend for the fourth quarter of the year. The first three quarterly payments, payable in June,
September and December will be 20 per cent of the previous year’s total ordinary dividend per share. The fourth quarter payment will be announced with
the full year results, with the amount continuing to deliver a full year dividend payment that reflects the Group’s financial performance and its objective of a
progressive and sustainable ordinary dividend. The final dividend will continue to be paid in May, following approval at the AGM. The Group believes that
this approach will provide a more regular flow of dividend income to all shareholders whilst accelerating the receipt of payments.
The key dates for the payment of the three interim dividends are:
First interim dividend
Shares quoted ex-dividend 4 June 2020
Record date 5 June 2020
Final date for joining or leaving the dividend reinvestment plan 19 June 2020
Dividends paid 30 June 2020
Second interim dividend
Shares quoted ex-dividend 6 August 2020
Record date 7 August 2020
Final date for joining or leaving the dividend reinvestment plan 21 August 2020
Dividends paid 14 September 2020
Third interim dividend
Shares quoted ex-dividend 5 November 2020
Record date 6 November 2020
Final date for joining or leaving the dividend reinvestment plan 20 November 2020
Dividends paid 11 December 2020

[gotnorolex] 20/2/2020 16:12

Right of Left = Left of Right!

[smartypants] 20/2/2020 16:11

BARC are set to out do LLOY
Results only last a day, LLOY clinging to 57p
Back down tomorrow...no new news?

[crossing_the_rubicon] 20/2/2020 16:11

Iran Reports 9 Coronavirus-Linked Deaths As WHO Warns Number Of Cases Outside China 'Won't Stay Low For Very Long'

Oh dear.
From 2 to 9 in space of hours.

[gbh2] 20/2/2020 16:08

Looks like selling kicked in around 2:30

[xxxxxy] 20/2/2020 16:05

Apparently even Blair now supports Boris?

[xxxxxy] 20/2/2020 16:02

Points-based Immigration: There is much discussion around the UK's new points-based immigration system and what it will mean for businesses who will have to stop relying on cheap low-skilled foreign labour. Following the introduction of Priti Patel's new system, migration will be limited to skilled workers from the EU and rest of the world who have a job offer, speak English and command a salary of £25,600 a year or more. This will result in a fall in overall migration to the UK and tackle reliance on cheap labour.Sir Iain Duncan Smith commented on the plans on World at One, saying "I've been making recommendations along these lines for some time. The reality for us, and this is the bit that we have to get right, is that the scale and level of migration into the UK is unprecedented in all of our history... It's also had a very negative effect on earnings for many people who are in the low skilled areas of work and in many cases has made progression in the UK appalling." Listen hereThis week's figures from the Office of National Statistics show that in the first set of employment figures since leaving the EU show the number in work has reached a new record high. From 2008 Britain has experienced the longest wage slump in history, but these new figures, combined with the government's new crackdown on cheap labour spells good news for the UK.In a further boost for employment and the arts, US company Blackhall Studios and the University of Reading plan to build a new £150m studio complex at Thames Valley Science Park creating up to 3,000 jobs.Following last week's reshuffle, every Great Office of State is now held by a Leaver, with the administration positioning themselves as united in the belief that the whole point of leaving the EU is to do things differently.EU-UK Negotiations: Michel Barnier has on multiple occasions outlined his depiction of what a future trading relationship with the UK could look like. The so-called "Barnier Staircase", released during the opening salvos of the negotiations, suggested ineluctably that the UK could expect to hammer out a free trade agreement inspired by Canada or South Korea. Now that the UK seems content with this deal, Barnier has said it is off the table. No 10's Press Office twitter account responded, highlighting that in 2017 a Canada-style trade deal was said to be firmly on the table by the EU. Dr Lee Rotherham wrote a piece for us yesterday decrypting the now infamous slide, you can find it here or below.The EU's demands for equivalent standards on the environment and labour fail to recognise Britain as a world leader in these issues, and not just because of the EU. The EU demands are what The Telegraph's Ambrose Evans-Pritchard calls a 'sham'. He says "The EU's strategic aim is to compel Britain to swallow the Acquis even though much of this legislation is either dysfunctional or incompatible with 21st Century science and technology."Writing for us today, is Tim Bowling, a trader in the City of London, who campaigned to Leave the European Union. He writes a compelling piece warning that the fight for Brexit has just begun and we must continue to push it through. He says ?"A key factor will be whether and how quickly Opposition parties adapt to post-EU reality. The survival or otherwise of the only consistently pro-EU party, the Liberal Democrats, under a new leader and a defined post-EU policy will be key." Click here to read more.For the latest news and developments throughout the day, please do follow @GlobalVision_UK on Twitter.Thanks for reading, and enjoy the rest of your day

[cheshire pete] 20/2/2020 16:01

lol toon.....maybe you could give Cummings a call, they say he recognises talent.

[toon1966] 20/2/2020 15:55

Does that mean you are a ‘bottom’ man Cheshire?

[exlogicalod] 20/2/2020 15:48

ffs if you filter me m8s jacko and minerve there is nothing left to read.

[cheshire pete] 20/2/2020 15:45

diku top man.

[meek] 20/2/2020 15:39

Ex div 2nd April. Paid 27th May

[cheshire pete] 20/2/2020 15:35

Don't know diku, but now we have a better idea where things are up to with the company, share price likely imho to follow the £ and Brexit negotiations going forward this year i.e. fall if Boris walks away no deal or rise if he fudges or bottles it.

Fishing the acid test. Personally hope he tells EU to sling their hook, not bothered if LLOY falls to 40p, happy to collect divi in ISA and pick up more cheap cos further out they should recover. Only my view and could be wrong.

[phillis] 20/2/2020 15:30

Ok I thought you said it would be used as a special dividend
We know LLOYDS is over capitalised hence the original rationale for the buy back programme

[bbalanjones] 20/2/2020 15:23

Lloyds sees 2020 operating costs at least 2% lower than 2019's
Feb. 20, 2020 8:13 AM ET|About: Lloyds Banking Group plc (LYG)|By: Liz Kiesche, SA News Editor
Lloyds Banking Group (NYSE:LYG) sees 2020 net interest margin of 2.75%-2.80% and operating costs of less than £7.7B ($9.9B).

2019 net interest margin was 2.88% and operating cost for the year was £7.88B.

Expects increased statutory return on tangible equity of 12%-13%; 2019 ROTE was 7.8%, with underlying ROTE at 14.8%.

Q4 underlying profit of £1.52B vs. £1.82B in Q3 and £1.76B in Q4 2018.

Q4 net interest income of £3.10B slipped from £3.13B in Q3 and £3.17B in the year-ago quarter; net interest margin of 2.85% vs. 2.88% in Q3 and 2.92% in Q4 2018.

Q4 net income of £4.13B vs. £4.19B in Q3 and £4.35B in Q4 2018.

Tangible net asset value per share of 50.8 pence at Dec. 31, 2019 fell from 52.0 pence at Sept. 30, 2019 and 53.0 pence at Dec. 31, 2018.

[diku] 20/2/2020 15:22

Care to give an opinion of Lloy rather than talk of me?...