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.
Should you invest £1,000 in Lloyds Banking Group right now?
When investing expert Mark Rogers has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets.
And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if Lloyds Banking Group made the list?
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
As Lloyds shares creep back above book value, have I missed my chance to buy?
Investing Articles
Here’s the Lloyds share price forecast for the next 12 months!
Investing Articles
Now that’s a surprise! The Lloyds share price went up despite disappointing results
Investing Articles
As Lloyds launches a £1.7bn buyback, is the share price too cheap to ignore?
Investing Articles
£5,000 invested in Lloyds shares 3 months ago is now worth…
Investing Articles
Forget Lloyds’ cheap share price! I’d rather consider this FTSE 100 bargain share
Investing Articles
Here’s why Lloyds shares have dipped sharply
Investing Articles
Here’s how someone could invest £200 each month in cheap shares to target a £7,108 passive income
Investing Articles
£10,000 invested in Lloyds shares 5 years ago is now worth…
Investing Articles
1 FTSE 100 stock an investor consider for a Stocks and Shares ISA if Cash ISAs get canned
Investing Articles
A 5.5% dividend forecast? £2k invested in Lloyds shares could earn an investor this much by 2027
