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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
22/05/201511:24:15Whitbread Appoints Lloyds Banker Brittain as CEO -- Update
22/05/201508:28:36UPDATE: Whitbread Turns To Banker Alison Brittain As Next CEO
22/05/201507:42:20Whitbread Appoints CEO
22/05/201507:14:52Whitbread Turns To Banker Alison Brittain As Next Chief Executive
21/05/201516:24:34Lloyds Banking Group PLC Director/PDMR Shareholding
18/05/201518:00:27LONDON MARKETS: FTSE 100 Edges Up As Fresnillo Rises; Lloyds...
18/05/201516:30:10EU Approves Sabadall's TSB Deal
18/05/201516:16:02EU Approves Sabadell's $2.66 Billion Takeover of TSB Banking...
18/05/201512:27:16LONDON MARKETS: FTSE 100 Slips As Lloyds Loses After Downgrade
18/05/201512:15:12IN THE KNOW: Investec Downgrades Lloyds, Upgrades RBS To Top...
14/05/201515:33:40Lloyds Banking Group PLC Result of AGM
13/05/201515:31:33PRESS: UK Seeking Adviser For Stake Sales In Lloyds, RBS - WSJ...
13/05/201514:30:07Lloyds Banking Group PLC Holding(s) in Company
13/05/201514:06:07Lloyds Banking Group PLC Director/PDMR Shareholding
13/05/201507:00:16Lloyds Banking Group PLC Redemption of Preference Shares
12/05/201523:03:14ADRs End Lower; BHP Billiton Rises
12/05/201511:17:23UPDATE: UK Taxpayer Stake In Lloyds Banking Group Cut Below 20...
12/05/201507:58:06UK Taxpayer Stake In Lloyds Banking Group Cut Below 20% (ALLISS)
12/05/201507:53:51British Government Further Trims Lloyds Stake
12/05/201507:01:58Lloyds Banking Group PLC Holding(s) in Company

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