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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
05/05/201608:19:36Report of Foreign Issuer (6-k)
05/05/201608:11:00Lloyds Banking Group Chairman Buys 50,000 Shares at 64.89p Each
05/05/201608:07:23Report of Foreign Issuer (6-k)
05/04/201608:24:32Report of Foreign Issuer (6-k)
05/04/201606:25:00U.K. Banks Prepare for 'Brexit' Ahead of EU Poll
04/29/201603:02:00Finance Watch -- WSJ
04/28/201609:07:23Report of Foreign Issuer (6-k)
04/28/201606:21:13Report of Foreign Issuer (6-k)
04/28/201606:21:13Report of Foreign Issuer (6-k)
04/28/201604:00:00Lloyds Banking First-Quarter Net Profit Falls 44% -- Update
04/28/201603:40:00Lloyds Profit Plunges on Restructuring Charges
04/28/201602:50:00Lloyds Banking 1Q Net Profit Falls 44%
04/12/201613:12:20Report of Foreign Issuer (6-k)
04/04/201612:42:18Report of Foreign Issuer (6-k)
03/24/201611:20:05Report of Foreign Issuer (6-k)
03/24/201611:12:11Report of Foreign Issuer (6-k)
03/24/201611:07:16Securities Registration (section 12(b)) (8-a12b)
03/24/201611:03:46Report of Foreign Issuer (6-k)
03/18/201613:12:54Report of Foreign Issuer (6-k)
03/18/201613:06:46Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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