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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
18/07/201423:59:07EUROPE MARKETS: European Stocks Slip; Shire Leads FTSE Gains
18/07/201423:50:41EUROPE MARKETS: European Stocks Fall; RBS, Volvo Among Decliners
18/07/201411:57:07U.K. to Probe Retail Banking Sector
23/06/201417:33:15LONDON MARKETS: U.K. Housing Stocks Sag On Mortgage Concerns
23/06/201414:06:50LONDON MARKETS: U.K. Housing Stocks Sag On Mortgage-rule Concerns
20/06/201417:53:07LONDON MARKETS: Shire Boosts FTSE 100 To Fourth Day In Black
20/06/201417:25:15EUROPE MARKETS: European Stocks Lose Steam After Consumer Data
20/06/201413:03:16EUROPE MARKETS: European Stocks On Track For Weekly Gain
17/06/201414:39:35Lloyds Bank Said to Raise Minimum Price for TSB Listing-Reuters
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13/06/201411:04:08LONDON MARKETS: U.K. Housing Stocks Fall On Rate-hike, Mortgage...
12/06/201418:06:07Caixabank Considers Making Offer for Barclays in Spain--Update
09/06/201418:31:00LONDON MARKETS: FTSE 100 Up As Miners Advance; Lloyds Shares...
09/06/201411:15:53LONDON MARKETS: FTSE 100 Up As Miners Advance; Lloyds Shares...
09/06/201410:04:08EUROPE MARKETS: European Stocks Rise, Look For New Multiyear...
09/06/201403:00:15Poor IPO Appetite Forces Lloyds Banking to Cut TSB's Valuation...
05/06/201420:01:13ING Moves Ahead With NN Unit IPO -- Update
05/06/201408:32:15Lloyds Banking Sells UK Commercial Real Estate Loans Portfolio
04/06/201418:59:00Lloyds Banking Group PLC Tender Offer Results
27/05/201419:56:25LONDON MARKETS: U.K. Stocks Up As InterContinental Jumps Amid...

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