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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
10/30/201413:24:13LONDON MARKETS: FTSE 100 Ends Higher After Roller-coaster Day
10/30/201407:44:38LONDON MARKETS: Miners Hammer FTSE 100 As Metals Prices Slide
10/30/201405:08:38LONDON MARKETS: Miners Bruise FTSE 100 As Metals Prices Slide
10/28/201413:12:35LONDON MARKETS: BP Fuels FTSE 100's Move Higher
10/28/201408:01:16LONDON MARKETS: BP Boosts FTSE 100 After Dividend Rise
10/27/201414:59:26European Bank Stress-Test Results Have Isolated Errors, Inconsistencies...
10/27/201413:30:27LONDON MARKETS: Banks Knock FTSE 100 Lower After Stress Tests
10/27/201413:23:19EUROPE MARKETS: Italian Banks Tumble After ECB Stress Tests
10/27/201411:31:19EUROPE MARKETS: European Stocks Erase Gains After Weak German...
10/27/201408:12:16EUROPE MARKETS: European Stocks Climb After Stress-tests Results
10/27/201407:06:02LONDON MARKETS: FTSE 100 Climbs After Most EU Banks Pass Stress...
10/26/201411:46:26Several Big Lenders Cut It Close in Stress Tests
10/24/201411:41:28Lloyds Banking Group plc 3Q 2014 -- Forecast
10/24/201407:15:05Correction to TSB 3Q Earnings Update Story
10/24/201404:52:33TSB 3Q Pretax Profit +29% Vs 2Q, On Track to Provide Mortgages...
10/24/201403:08:06TSB 3Q Pretax Profit +29% vs 2Q, On Track to Provide Mortgages...
10/23/201404:21:09Inspired Capital Enlarges Debt Facilities
10/22/201415:03:07Lloyds to Shed About 9,000 Jobs Over Three Years in Move to Automate...
09/29/201412:51:49LONDON MARKETS: Mining Stocks Slump In London On China Worries
09/26/201412:20:11LONDON MARKETS: Bank Stocks Lift FTSE 100; Sports Direct Drops

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