Lloyds shares offer to the public

Thrugelmir

wary wrote: »

I'm also very positive about this stock long term, not only wrt the share price but also the dividends, which could be a nice little money-spinner for my early retirement.

If interest rates remain low then so may profits.

Spurs_2015

Thrugelmir wrote: »

If interest rates remain low then so may profits.

Will you be be investing if you don't mind me asking? I see you were undecided in the post from November last year.

Thrugelmir

Spurs_2015 wrote: »

Will you be be investing if you don't mind me asking? I see you were undecided in the post from November last year.

Still undecided. Not particularly about Lloyds but banking stocks in general at the moment. Already hold a cross section of financial companies directly plus those within IT's. So plenty of exposure.
Drawing a line under PPI claims would be a start. When Lloyds announce the financial results for 2015.

veryintrigued

So what sort of results are we hoping for on Thursday then?

veryintrigued

Well I'm hoping for a couple of p dividend.

Any advance on that?

veryintrigued

veryintrigued wrote: »

Well I'm hoping for a couple of p dividend.

Not a bad guess!!

Increased ordinary dividend with payment of a special dividend  The Board has recommended a final ordinary dividend of 1.5 pence per share, making a total ordinary dividend for the year of 2.25 pence per share, in line with our progressive and sustainable ordinary dividend policy  In addition, the Board has recommended a capital distribution in the form of a special dividend of 0.5 pence per share

bowlhead99

Couple of billion more PPI provided for since Q3, relatively high current year taxes and a few other negatives- not all good news by any stretch, but there are a number of positives, like the projections that make them think they can pass a spare half penny of cash back to investors as a special dividend because they don't need it in the business.

Something tells me most private investors won't be reading the full 94 pages of narrative and financial statements released this morning nor even understand them if they tried: instead, just watch the price chart and decide that this year's total 2.75p is >4% yield at last night's price so it's a good bargain.

wary

Well done you guys who bought at sub-60p recently. Looks like you may have timed it just nicely ...

dano17439

I bought a couple of weeks ago at 62p. Currently at 72p. I've read a target price of 78p. Unsure whether to not be greedy and pull now or wait a little longer

veryintrigued

If the climb continues watch this space for the scheduling of the public sale and a further sale from Her Majestys.