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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
08/27/201417:35:16LONDON MARKETS: Miners Lift FTSE 100 For Second Straight Day
08/22/201404:08:10LONDON MARKETS: LSE Drops In London After Rights-issue Plans
08/21/201406:39:44Lloyds Banking Names Alan Dickinson Non-Executive Director
08/01/201412:26:48LONDON MARKETS: FTSE 100 Slumps For Third Day As Miners, Banks...
07/31/201412:46:20LONDON MARKETS: Shell's Gain Curbs FTSE 100 Losses
07/31/201412:41:12EUROPE MARKETS: European Banks, Adidas Drop; Shell Gains
07/31/201408:17:42LONDON MARKETS: Shell's Gain Curbs Losses For The FTSE 100
07/31/201406:46:43EUROPE MARKETS: Shell, BG Among Major European Movers; BES Slides
07/31/201405:21:35EUROPE MARKETS: Shell, BG Among Major European Movers; Adidas...
07/31/201403:12:06TSB Banking First Half Pretax Profit Rises
07/30/201410:39:05Lloyds Banking Group plc 2Q 2014 -- Forecast
07/28/201415:36:39Lloyds Pays $370 Million to Settle Rate Probe -- 3rd Update
07/28/201412:22:17LONDON MARKETS: FTSE 100 Erases Gain After Soft U.S. Home Sales...
07/28/201410:11:34LONDON MARKETS: Reckitt Benckiser Leads U.K.'s FTSE 100 To Small...
07/25/201406:06:31Lloyds Bank Nears Rate-Probe Settlement--Update
07/25/201405:02:47Lloyds Bank Nears Rate Probe Settlement
07/24/201416:55:51Lloyds to Pay Up to GBP300 Million in Fines Over Libor Allegations...
07/18/201418:59:07EUROPE MARKETS: European Stocks Slip; Shire Leads FTSE Gains
07/18/201418:50:41EUROPE MARKETS: European Stocks Fall; RBS, Volvo Among Decliners
07/18/201406:57:07U.K. to Probe Retail Banking Sector

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