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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
10/24/201411:41:28Lloyds 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
09/26/201412:08:08EUROPE MARKETS: Allianz Slides; Philips Rises: Europe's Big Stock...
09/25/201413:04:49Lloyds Banking to Sell 57.5 Million Ordinary Shares in TSB
09/19/201412:25:49EUROPE MARKETS: Stoxx 600 Closes At 2-week High After Scotland...
09/19/201412:09:09LONDON MARKETS: London Stocks Rise As Scotland Votes To Stay...
09/19/201410:02:14EUROPE MARKETS: Stoxx 600 Heads For 3-month High After Scotland...
09/19/201404:30:09Pound Rises After Scotland Rejects Independence
09/19/201404:20:07British Pound Rises After Scotland Rejects Independence -- Update
09/19/201403:42:04LONDON MARKETS: FTSE 100 Poised To Rally As Scotland Votes To...
09/17/201419:45:05LONDON MARKETS: FTSE Wavers With Eyes On Scotland, Labor Data
09/17/201417:09:44LONDON MARKETS: FTSE Inches Higher With Eyes On Scotland, Labor...
09/17/201405:03:18LONDON MARKETS: Miners Lift FTSE 100; Eyes On Scotland, Central...
09/16/201400:42:57U.K. Companies Donate Little to Camps in Scottish Independence...

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