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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
02/27/201512:32:11LONDON MARKETS: FTSE 100 Marks Best Monthly Gain In A Year
02/27/201505:46:18Lloyds Resumes Dividend Payments as It Returns to Profit -- 2nd...
02/27/201504:55:37LONDON MARKETS: IAG Climbs In London; FTSE 100 Heads Toward Monthly...
02/27/201503:45:25Lloyds Resumes Dividend Payments as It Returns to Profit -- Update
02/27/201503:02:05Lloyds Resumes Dividend Payments as It Returns to Profit
02/25/201507:57:56Lloyds Banking Group plc Full year 2014 -- Forecast
02/23/201513:39:54LONDON MARKETS: FTSE 100 Slips As HSBC Shares Mark Worst Session...
02/23/201513:19:49LONDON MARKETS: HSBC Shares Hit In London Trade, Pulling FTSE...
02/23/201505:58:49U.K. Reduces Stake in Lloyds -- 2nd Update
02/23/201504:33:14U.K. Reduces Stake in Lloyds -- Update
02/23/201504:02:53U.K. Reduces Stake in Lloyds

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