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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

Stock News for Lloyds Tsb (LYG)
DateTimeHeadline
05/22/201506:24:15Whitbread Appoints Lloyds Banker Brittain as CEO -- Update
05/22/201502:42:20Whitbread Appoints CEO
05/21/201513:12:47Report of Foreign Issuer (6-k)
05/18/201513:00:27LONDON MARKETS: FTSE 100 Edges Up As Fresnillo Rises; Lloyds...
05/18/201511:30:10EU Approves Sabadall's TSB Deal
05/18/201511:16:02EU Approves Sabadell's $2.66 Billion Takeover of TSB Banking...
05/18/201507:27:16LONDON MARKETS: FTSE 100 Slips As Lloyds Loses After Downgrade
05/14/201515:05:41Report of Foreign Issuer (6-k)
05/14/201512:54:06Report of Foreign Issuer (6-k)
05/13/201516:00:28Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/13/201512:36:15Report of Foreign Issuer (6-k)
05/13/201512:30:36Report of Foreign Issuer (6-k)
05/13/201508:23:49Report of Foreign Issuer (6-k)
05/13/201506:02:45Report of Foreign Issuer (6-k)
05/12/201518:03:14ADRs End Lower; BHP Billiton Rises
05/12/201514:37:24Form 13f Holdings Report (13f-hr)
05/12/201509:50:48Amended Statement of Beneficial Ownership (sc 13d/a)
05/12/201506:50:14Report of Foreign Issuer (6-k)
05/12/201506:02:14Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
05/12/201502:53:51British Government Further Trims Lloyds Stake

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