How much was Lloyds last dividend?
Lloyds Banking's next quarterly payment date is on May 21, 2024, when Lloyds Banking shareholders who owned GB:LLOY shares before Apr 11, 2024 received a dividend payment of 1.84p per share. Add GB:LLOY to your watchlist to be reminded of GB:LLOY's next dividend payment.
Lloyds Banking's next quarterly payment date is on May 21, 2024, when Lloyds Banking shareholders who owned GB:LLOY shares before Apr 11, 2024 received a dividend payment of 1.84p per share. Add GB:LLOY to your watchlist to be reminded of GB:LLOY's next dividend payment.
Lloyds Banking Group Current Yield Details - 5.55%
The current Lloyds Banking Group dividend yield is 5.55%. This yield is based on trailing twelve months dividends. In the past year, the LLOY dividend yield has ranged from 4.87% to 6.34%.
LLOY Stock 12 Month Forecast
Based on 10 Wall Street analysts offering 12 month price targets for Lloyds Banking in the last 3 months. The average price target is 59.33p with a high forecast of 70.00p and a low forecast of 45.00p. The average price target represents a 17.16% change from the last price of 50.64p.
Lloyds reported a 2023 pretax profit of 7.5 billion pounds, up from 4.8 billion pounds a year earlier and slightly above analyst forecasts.
Description. Lloyds Banking (LLPC. LSE) has announced a dividend of GBX4. 62 with an ex date of May 04, 2024 and a payment date of May 31, 2024.
Even after a recent rally, shares in Lloyds Banking Group (LSE:LLOY) still look like a bargain. A price-to-book (P/B) ratio of 0.8 with a return on equity of 12% is an attractive valuation. Despite this, I think investors ought to be careful when considering buying the stock.
| Company | Dividend Yield |
|---|---|
| Washington Trust Bancorp, Inc. (WASH) | 9.16% |
| Eagle Bancorp Inc (MD) (EGBN) | 8.80% |
| Alexander's Inc. (ALX) | 8.61% |
| First Of Long Island Corp. (FLIC) | 8.27% |
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Lloyds Banking Group Dividend
Lloyds Banking Group is a dividend paying company with a current yield of 5.39% that is well covered by earnings.
Is Lloyds a buy, sell, or hold?
According to data compiled by MarketBeat as of 8 July 2022, the consensus analyst recommendation for Lloyds shares was bullish, with a total of 5 out of 8 analysts currently rating the stock as a 'moderate buy'.
Price gains
For Lloyds, we could see something like a 25% rise in five years — I have to estimate here, as forecasts only go three years ahead. So if the price-to-earnings (P/E) valuation should stay the same, that could mean a Lloyds share price of 54.4p.
“The long-feared recession failed to arrive, so there was no major increase in bad loans provision. And the lenders continued to focus on costs.” On the back of that, HSBC and Lloyds are tipped to post record pre-tax income, but share prices languish and Mould believes it is because the banks cannot be trusted.
Blackrock, which describes itself as the world's biggest fund manager with $5.1tn (£4.1tn) of investments, now owns the largest stake in Lloyds as the Treasury's holding has fallen to 5.95%.
So at 49.4p per share, Lloyds' current share price carries a healthy yield of 6.2% for 2024. This is far ahead of the FTSE 100's 3.8% forward average. For 2025, the Black Horse Bank's yield marches to 6.8% too.
Long term debt can be defined as the sum of all long term debt fields. Lloyds Banking Group long term debt for the quarter ending September 30, 2023 was $106.390B, a 25.76% decline year-over-year. Lloyds Banking Group long term debt for 2023 was $106.783B, a 2.11% increase from 2022.
Lloyds Banking (LLOBF) has announced a dividend of £0.05 with an ex date of May 04, 2024 and a payment date of May 31, 2024.
Volatility assured ahead
So there's plenty of scope for the Lloyds share price to drop below 30p again in 2024, driven by falling profits. But if it does, I'd turn bullish on the stock because the business will likely be set up for a cyclical rebound. It's not all bad news. There's no immediate sign of a dividend cut.
The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
Lloyds Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority: all our savings accounts, current accounts and ISAs are covered by the FSCS.
Is Lloyds a strong bank?
According to this broker forecast, the lender is the top UK banking pick right now. Indeed, as Britain's largest mortgage lender, Lloyds is particularly exposed to the fortunes of the UK economy. Other FTSE 100 banks have a greater degree of international diversification.
Both Lloyds and Barclays banks have strong balance sheets, a high earning yield and a well-covered cash dividend but the latter has an investment banking division, whose earnings can be profitable but also volatile.
Truist Financial Corp (TFC): Truist is rapidly turning itself around by selling stale business arms to focus on fundamentals while yielding nearly 7%.
| Dividend Stock | Current Dividend Yield* | Analysts' Implied Upside* |
|---|---|---|
| Home Depot Inc. (HD) | 2.5% | 10.5% |
| Procter & Gamble Co. (PG) | 2.4% | 15.4% |
| Johnson & Johnson (JNJ) | 3.1% | 25.3% |
| Merck & Co. Inc. (MRK) | 2.4% | 10.6% |
| Ticker | Name | Dividend Yield |
|---|---|---|
| ENB | Enbridge | 7.73% |
| EPD | Enterprise Products Partners | 7.14% |
| T | AT&T | 6.72% |
| WHR | Whirlpool | 6.69% |
