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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
08/24/201608:30:00Lloyds Chief Apologizes After Affair Allegations
08/24/201606:18:00Lloyds Chief Apologizes After Affair Allegations
08/17/201608:37:05Report of Foreign Issuer (6-k)
08/10/201612:49:01Report of Foreign Issuer (6-k)
08/10/201606:42:41Form 13f Holdings Report (13f-hr)
08/09/201606:00:00U.K. Banks Ordered to Provide Customers Better Deal
08/09/201603:16:00CMA Requires Banks to Implement Open Banking System by Early...
08/02/201611:40:00Santander Eyes RBS Unit
08/02/201607:40:00U.K. Bank Shares Slip as Regulator Proposes Later Compensation...
08/02/201605:30:00U.K. Bank Shares Slip as Regulator Proposes Later Compensation...
08/02/201605:19:00U.K. Bank Shares Slip as Regulator Proposes Later Compensation...
08/01/201613:57:25Report of Foreign Issuer (6-k)
07/28/201612:42:41Report of Foreign Issuer (6-k)
07/28/201612:31:11Report of Foreign Issuer (6-k)
07/28/201609:36:00Lloyds to Cut 3,000 Jobs as Lender Braces for Post-Brexit Slowdown...
07/28/201609:34:23Report of Foreign Issuer (6-k)
07/28/201609:33:00Lloyds to Cut 3,000 Jobs as Lender Braces for Post-Brexit Slowdown...
07/28/201609:30:30Report of Foreign Issuer (6-k)
07/28/201609:30:30Report of Foreign Issuer (6-k)
07/28/201606:28:00VocaLink's 4 Biggest Shareholders Should Cut/Sell Stakes if MasterCard...

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