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Lloyds Chairman: Hopes To Start Paying Dividends In 2012

LONDON -(Dow Jones)- Lloyds Banking Group PLC (LYG) hopes to start paying dividends as soon as a European Union ban on the payments is lifted in 2012, Chairman Win Bischoff said Thursday. He told Dow Jones Newswires the bank will look to make the payments as soon as it can. The EU called a halt to any dividends for two years as a condition of approving Lloyds' GBP17 billion government bail-out. Bischoff's comments were made after shareholders earlier Thursday approved a GBP22.5 billion recapitalization that will allow the bank to avoid taking further state support. Company Web site: http://www.lloydsbankinggroup.com --By Patricia Kowsmann, Dow Jones Newswires. Tel +44(0)207-842-9295, patricia.kowsmann@dowjones.com

Share News for Lloyds (LLOY)
DateTimeHeadline
07/07/201514:58:40IN THE KNOW: Lloyds Banking Shares Rises On Analyst Notes
02/07/201507:48:13UK Government Cuts Lloyds Banking Group Stake to 15.9%
02/07/201507:35:58REPEAT: UK Government Continues Sale Of Lloyds Banking Shares...
02/07/201507:20:10UK Government Continues Sale Of Lloyds Banking Group Shares
02/07/201507:00:39Lloyds Banking Group PLC Holding(s) in Company
01/07/201513:27:38Lloyds Banking Group PLC Blocklisting Interim Review
01/07/201511:10:24DIRECTOR DEALINGS: Lloyds Non-Executive Buys 100,000 Shares
01/07/201511:01:46Lloyds Banking Group PLC Director/PDMR Shareholding
30/06/201508:23:23Lloyds To Complete TSB Sale As Sabadell Offer Becomes Unconditional
30/06/201508:10:04Lloyds Banking Group PLC Sale of TSB Banking Group plc
29/06/201522:51:48ADRs End Lower; National Bank of Greece Drops Sharply
29/06/201511:45:35Lloyds Banking Group PLC Directorate Change
25/06/201515:03:23Lloyds Banking Group PLC Director/PDMR Shareholding
24/06/201512:51:25ITV Buys Production Group Twofour in Deal Worth Up to GBP280...
23/06/201507:34:18CORRECT: UK Govt Sells Off More Of Lloyds; Stake Now 16.87% (ALLISS)
23/06/201507:20:30UK Government Sells Off More Of Lloyds Banking; Stake Now 16.87...
23/06/201507:01:35Lloyds Banking Group PLC Holding(s) in Company
22/06/201513:05:39IN THE KNOW: Lloyds Remains Barclays' Preferred Large Cap Bank
16/06/201515:06:40DIRECTOR DEALINGS: Lloyds Executives Sell 4.9 Million Shares
16/06/201514:40:16Lloyds Banking Group PLC Director/PDMR Shareholding

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