Coronavirus may change shareholder dividend landscape permanently
There might there be less cash available to pay dividends, from business, regulatory or tax reasons, but societal pressures might change
Company
Lloyds Banking Group PLC
LON:LLOY
Lloyds Banking Group has many household names like Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers. The Group’s main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. The Group operates the UK’s largest retail bank and has a large and diversified customer base.
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Investors turn to whisky as an alternative to stocks amid market turmoil
With equities tanking around the world, some investors are hitting the bottle, but not in the way you may expect...
Investors vote with feet and dump bank shares after dividend halt
The five banks account for around 12.5% of the UK's dividends
Lloyds Banking and other big banks suspend dividends after Bank of England request
The Bank also asked for bonuses paid to staff to be curbed.
Barclays , Lloyds and other big banks to be told to stop dividends
Combined, the big four banks announced £15.3bn in dividends in 2019 with around half of that due to be paid before the end of May.
Goldman Sachs slashes Lloyds earnings forecast 98% due to coronavirus
Analysts expect no dividends to be paid this year by the UK banks, apart from HSBC
Bank shares "have rarely appeared so cheap...but it is illusory", says analyst
Share prices targets were cut for Barclays, HSBC, Lloyds, RBS and StanChart
Bank of England cancels stress tests for 2020 due to coronavirus
Last year’s stress tests of seven banks indicated the banking system was in a position to withstand an economic shock more severe than the global financial crisis
Banks face flood of bad debt but “have capacity” to deal with coronavirus shock
Analysts at RBC Capital Markets on Tuesday slashed their banking sector forecasts for 2020 and 2021 by 30% and 20%
Lloyds Banking Group and OneSavings Bank receive base rate boost; but blink and you might miss it
The UK’s High Street lenders were put on notice by the Prudential Regulation Authority, which told them not to waste cash on boosting dividends and bonuses
Lloyds least and Barclays most exposed to potential coronavirus stress, says RBC
RBC ran its own stress tests to analyse potential market scenarios from the growing Covid-19 outbreak
Coronavirus: Lloyds, RBS and Barclays ease rules to help Covid-hit customers
Italy’s government also said on Tuesday that payments on residential mortgages will be suspended for the whole country
Lloyds, Direct Line to cut hundreds of jobs
The bank will sack 780 workers while the insurance company will reach 800 cuts
Lloyds capital outlook "bodes well for dividends" say analysts
“Despite a spike in bad loans in 2019, the bank doesn’t expect conditions to get worse next year”
Lloyds profits tumble and margin guidance cut for 2020
A final dividend of 2.25p per share was declared, meaning the total ordinary dividend for the year was up 5% to 3.37p
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FTSE 100 reverses gains to close in red as retail sales fail to lift sterling
The Footsie finished down around 20 points, or 0.27% at 7,436 on Thursday
Lloyds capital levels face scrutiny; and has retail bounced back?
Thursday's City agenda also includes results from Anglo American, BAE Systems and Hays
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FTSE 100 closes modestly higher on quiet Monday
At the close, the UK blue-chip index had gained 24.12 points at 7,433.25, almost mid-way between the peak of 7,449.95 and low of 7,409.13
UK dividend hunters need to make “growth sacrifice” to get highest yields
Research shows investors and companies seem to need to accept a “growth sacrifice” and perhaps a “sustainability sacrifice” to access the highest returns
Lloyds Banking to write off more debts from HBOS fraud
The high street lender wrote to 191 fraud victims this week announcing the change following the recommendation of an independent review