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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
07/02/201512:14:53Amended Statement of Beneficial Ownership (sc 13d/a)
07/02/201506:25:48Report of Foreign Issuer (6-k)
07/02/201502:48:13UK Government Cuts Lloyds Banking Group Stake to 15.9%
07/01/201511:59:28Report of Foreign Issuer (6-k)
07/01/201507:13:23Report of Foreign Issuer (6-k)
06/30/201509:08:09Report of Foreign Issuer (6-k)
06/29/201517:51:48ADRs End Lower; National Bank of Greece Drops Sharply
06/29/201508:36:34Report of Foreign Issuer (6-k)
06/25/201511:18:34Report of Foreign Issuer (6-k)
06/24/201507:51:25ITV Buys Production Group Twofour in Deal Worth Up to GBP280...
06/23/201511:20:59Amended Statement of Beneficial Ownership (sc 13d/a)
06/23/201506:09:18Report of Foreign Issuer (6-k)
06/18/201506:02:04Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/16/201512:24:28Report of Foreign Issuer (6-k)
06/16/201505:58:39Royal Mail Faces UK Competiton Review -- 2nd Update
06/16/201504:05:27Ofcom to Review Royal Mail After Whistl Withdrawal --Update
06/15/201515:30:18Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
06/15/201511:11:05Report of Foreign Issuer (6-k)
06/11/201513:14:52Amended Statement of Beneficial Ownership (sc 13d/a)
06/11/201511:50:05RBS to Name Bank of America as New Corporate Broker

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