LSE:LLOY (Lloyds Banking Group plc)
About LLOY
Lloyds Banking Group PLC is one of the largest banks in the United Kingdom. It serves both the retail and commercial sectors through various lending and other financial services.
The bottom line comprises of net interest income from lending activity, mainly comprising of issuing mortgages and credit cards to consumers. Additional retail services include current accounts, wealth management, property insurance, and pension solutions.
The rest of the earnings originates from corporate-facing activities such as issuing business loans, transaction banking, and a myriad of other corporate banking services.
The management team has announced a strategy shift to purchase 50,000 homes within Britain by 2030. The goal is to become the UK's largest private landlord, generating income through rent with at least 10,000 properties added to its portfolio by 2025.
Frequently Asked Questions
-
The Lloyds share price has a reputation for stability and paying a steady dividend. This makes it commonly perceived as a defensive income stock. It’s one of the UK’s largest mortgage lenders, controlling the bulk of the market share. However, this also means its profit is highly dependent on the overall health of the British housing market.
Lloyds shares may be a suitable investment for investors seeking a low volatility stock and indirect exposure to the property market.
-
Yes. Lloyds shares pay a cash dividend at an average 35% payout ratio. Dividends were temporarily cancelled in 2020 due to the pandemic but resumed in 2021.
-
Lloyd shares pay out a dividend twice a year in April and August.
-
Lloyds shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.
Lloyds Banking Group plc (LSE: LLOY) Latest News
Investing Articles
Here’s what £10,000 in Lloyds shares could be worth a year from now
Investing Articles
If an investor put £10,000 in Barclays and Lloyds shares 3 months ago here’s what they’d have now…
Investing Articles
Here’s the dividend forecast for Lloyds shares
Investing Articles
Up 47% from its 12-month low, is there any value left in Lloyds’ share price?
Investing Articles
Here’s the dividend forecast for Lloyds shares through to 2027
Investing Articles
These 3 UK shares are outperforming their US counterparts this year!
Investing Articles
Up 36% in a year, could the Lloyds share price move even higher?
Investing Articles
A Lloyds share price of 80p by the end of summer? Here’s how it could happen
Investing Articles
What’s up with the Lloyds share price?
Investing Articles
£10,000 invested in Lloyds shares 3 years ago is now worth…
Investing Articles
3 reasons I’m avoiding cheap Lloyds shares like the plague
