Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom. It operates through three segments: Retail; Commercial Banking; and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal and small business customers. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, debt financing, and debt capital market services to small and medium-sized entities, corporates, and financial institutions. The Insurance and Wealth segment offers insurance, investment and wealth management products and services. It also provides digital banking services. The company offers its products and services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands. Lloyds Banking Group plc was founded in 1695 and is based in London, the United Kingdom.
Lloyds Banking Dividend Announcement
• Lloyds Banking announced a semi annually dividend of $0.05 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-05
• Lloyds Banking annual dividend for 2024 was $0.15
• Lloyds Banking annual dividend for 2023 was $0.13
• Lloyds Banking's trailing twelve-month (TTM) dividend yield is 6.6%
Lloyds Banking Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-05 | $0.05 | semi annually | 2024-09-20 |
2024-04-11 | $0.09 | semi annually | 2024-05-31 |
2023-08-04 | $0.05 | semi annually | 2023-09-22 |
2023-04-13 | $0.08 | semi annually | 2023-06-02 |
2022-08-05 | $0.04 | semi annually | 2022-09-22 |
2022-04-07 | $0.07 | semi annually | 2022-05-31 |
2021-08-06 | $0.04 | semi annually | 2021-09-23 |
2021-04-15 | $0.03 | semi annually | 2021-06-04 |
2019-08-09 | $0.06 | semi annually | 2019-09-23 |
2019-04-04 | $0.11 | semi annually | 2019-05-31 |
2018-08-16 | $0.06 | semi annually | 2018-10-09 |
2018-04-19 | $0.11 | semi annually | 2018-06-08 |
2017-08-09 | $0.05 | semi annually | 2017-10-10 |
2017-04-05 | $0.11 | semi annually | 2017-05-26 |
2016-08-10 | $0.04 | semi annually | 2016-10-11 |
2016-04-06 | $0.11 | semi annually | 2016-05-27 |
2015-08-12 | $0.05 | semi annually | 2015-10-08 |
2015-04-02 | $0.05 | semi annually | 2015-05-29 |
2009-12-14 | $1.45 | semi annually | 2009-12-18 |
2009-06-24 | $0.85 | semi annually | 2009-06-30 |
2008-08-06 | $0.90 | semi annually | |
2008-03-05 | $1.95 | semi annually | |
2007-08-08 | $0.91 | semi annually | |
2007-03-07 | $1.84 | semi annually |
Lloyds Banking Dividend per year
Lloyds Banking Dividend growth
Lloyds Banking Dividend Yield
Lloyds Banking current trailing twelve-month (TTM) dividend yield is 6.6%. Interested in purchasing Lloyds Banking stock? Use our calculator to estimate your expected dividend yield:
Lloyds Banking Financial Ratios
Lloyds Banking Dividend FAQ
Other factors to consider when evaluating Lloyds Banking as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Lloyds Banking's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Lloyds Banking publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Lloyds Banking distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Lloyds Banking are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Lloyds Banking sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Lloyds Banking distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lloyds Banking declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Lloyds Banking's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Lloyds Banking's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.