Lloyds Banking Group Shares

SevenOfNine
SevenOfNine Posts: 2,382 Forumite
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edited 26 March at 9:29AM in Savings & investments
In 2007 I was given 220 Lloyds & 114 HBOS shares. Later it seems Lloyds 'absorbed' HBOS & in 2017 the shares became 341 Lloyds Banking Group

Dividends were either pathetic, never reaching the princely total of £5 a year or mostly ZERO Frankly I don't even bother to monitor it, it's always been so pathetic & I've literally NO interest in stocks/shares - it's all 'Greek' to me, & it can stay that way.

Can anyone tell me in the simplest terms how much these shares might be worth if I sold them. I can't understand it. Appreciate it's likely to be peanuts, if so I'll just keep sitting on them for another 18 years, maybe enough to chip in for my funeral!   :)

Though I managed several transfer forms back in 2007, I suppose if I'd cared, & been less dim, or had a crystal ball, I might have chosen for myself the 97 National Grid &  200 BP shares I let my brother have (& also still has, ploughing dividends back into more shares). Other brother sold his BT shares back in 2008.

None of us were/are share savvy (or interested, though glad my brother's are doing well). I think my mum was sucked in to advertising & bought some from all over the place. Not that she understood what she was doing either.   
Seen it all, done it all, can't remember most of it.

Comments

  • wmb194
    wmb194 Posts: 4,580 Forumite
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    edited 26 March at 9:49AM
    In 2007 I was given 220 Lloyds & 114 HBOS shares. Later it seems Lloyds 'absorbed' HBOS & in 2017 the shares became 341 Lloyds Banking Group

    Dividends were either pathetic, never reaching the princely total of £5 a year or mostly ZERO Frankly I don't even bother to monitor it, it's always been so pathetic & I've literally NO interest in stocks/shares - it's all 'Greek' to me, & it can stay that way.

    Can anyone tell me in the simplest terms how much these shares might be worth if I sold them. I can't understand it. Appreciate it's likely to be peanuts, if so I'll just keep sitting on them for another 18 years, maybe enough to chip in for my funeral!   :)

    Though I managed several transfer forms back in 2007, I suppose if I'd cared, & been less dim, or had a crystal ball, I might have chosen for myself the 97 National Grid &  200 BP shares I let my brother have (& also still has, ploughing dividends back into more shares). Other brother sold his BT shares back in 2008.

    None of us were/are share savvy (or interested, though glad my brother's are doing well). I think my mum was sucked in to advertising & bought some from all over the place. Not that she understood what she was doing either.   
    You missed the Financial Crisis? That's when Lloyds bought HBOS.

    This morning 341 shares in Lloyds are trading for 73.26p each, so overall before selling fees they are worth £249.82.

    How do you hold them? Certificates? You could open an account with iWeb (ultimately owned by Lloyds), lodge them and then sell them for a £5.00 commission. iWeb has no ongoing account fees.

    https://www.londonstockexchange.com/stock/LLOY/lloyds-banking-group-plc/company-page
  • FrugaiMacDugal
    FrugaiMacDugal Posts: 172 Forumite
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    edited 26 March at 9:51AM
    So your 341 shares at yesterdays close price of 73.24p are worth £249.75.
    Not going to help much with the funeral costs unless you have some mates can do the job for a few beers.
    Cheapest option for a 1 off sale would be x-o.
  • SevenOfNine
    SevenOfNine Posts: 2,382 Forumite
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    edited 26 March at 10:51AM
    Thanks both for responding. They're certificates. I thought probably still 'peanuts' so I'll probably just keep them for another 18 years! 

    I've still got a very old a/c with Nationwide waiting for carpetbaggers, only ever internally transferred, never withdrawn. 
    Seen it all, done it all, can't remember most of it.
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