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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
04/01/201505:49:00LONDON MARKETS: FTSE 100 Kicks Off April On Strong Note After...
04/01/201503:53:13LONDON MARKETS: FTSE 100 Kicks Off April On Upbeat Note
03/31/201512:09:52Report of Foreign Issuer (6-k)
03/31/201508:28:01Report of Foreign Issuer (6-k)
03/30/201509:17:33BoE unveils U.K. bank stress tests
03/30/201507:00:11U.K.'s Biggest Banks Undergo Stress Test
03/30/201506:33:13U.K.'s Biggest Banks Undergo Stress Test
03/27/201513:01:31Report of Foreign Issuer (6-k)
03/27/201512:56:55Report of Foreign Issuer (6-k)
03/26/201514:01:00Amended Report of Foreign Issuer (6-k/a)
03/26/201513:43:08Amended Statement of Beneficial Ownership (sc 13d/a)
03/26/201512:23:55Amended Report of Foreign Issuer (6-k/a)
03/26/201508:02:58Report of Foreign Issuer (6-k)
03/26/201506:58:33Report of Foreign Issuer (6-k)
03/26/201506:31:02Wall Street Breakfast: Crude Surges On Yemen Tensions
03/26/201504:15:22U.K. sells $847M more shares in Lloyds
03/26/201503:53:15U.K. Reduces Stake in Lloyds Banking Group
03/25/201506:30:55Wall Street Breakfast: Kraft, Heinz Announce Mega Merger
03/25/201503:39:24Sabadell chairman: Rival bids for TSB not likely
03/20/201514:20:13Report of Foreign Issuer (6-k)

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