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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
26/08/201506:56:45IN THE KNOW: UK Banks To Benefit From Improved Volumes, Credit...
25/08/201509:36:12IN THE KNOW: Investec Ups Barclays, Lloyds After Drop In Share...
25/08/201507:55:32*Investec Ups Lloyds Banking Group To Buy From Hold, Keeps Price...
24/08/201507:48:00UK Government Cuts Stake in Lloyds Banking Group to 12.97%
24/08/201507:37:31UK Government Cuts Stake In Lloyds Banking Group To Below 13...
24/08/201507:00:00Lloyds Banking Group PLC Holding(s) in Company
14/08/201510:10:57Lloyds Banking Group PLC External appointment
13/08/201514:10:52Lloyds Banking Group PLC Director/PDMR Shareholding
12/08/201512:26:32Lloyds Bank PLC Publication of Supplementary Prospectus
12/08/201512:24:23Lloyds Bank PLC Publication of Supplementary Prospectus
12/08/201512:24:13Lloyds Bank PLC Publication of Supplementary Prospectus
12/08/201512:19:43Lloyds Bank PLC Publication of Supplementary Prospectus
11/08/201515:19:17Lloyds Banking Group PLC Director/PDMR Shareholding
04/08/201516:09:04DIRECTOR DEALINGS: Lloyds Banking COO Sells 78,886 Shares
04/08/201515:30:06Lloyds Banking Group PLC Director/PDMR Shareholding
03/08/201514:10:03U.K. Treasury Sounds Out Investors Over RBS Privatization
03/08/201513:13:41IN THE KNOW: Barclays Pleased With Prospect Of Lloyds Capital...
03/08/201507:48:16Lloyds Banking: UK Government Cuts Stake to 13.99%
03/08/201507:28:53UK Government Cuts Stake In Lloyds Banking Group Further (ALLISS)
03/08/201507:01:02Lloyds Banking Group PLC Holding(s) in Company

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