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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
07/18/201418:59:07EUROPE 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
06/23/201412:33:15LONDON MARKETS: U.K. Housing Stocks Sag On Mortgage Concerns
06/23/201409:06:50LONDON MARKETS: U.K. Housing Stocks Sag On Mortgage-rule Concerns
06/20/201412:53:07LONDON MARKETS: Shire Boosts FTSE 100 To Fourth Day In Black
06/20/201412:25:15EUROPE MARKETS: European Stocks Lose Steam After Consumer Data
06/20/201408:03:16EUROPE MARKETS: European Stocks On Track For Weekly Gain
06/17/201409:39:35Lloyds Bank Said to Raise Minimum Price for TSB Listing-Reuters
06/13/201412:30:34LONDON MARKETS: U.K. Stocks Slide On Rate-hike Talk, Iraq Worries
06/13/201406:04:08LONDON MARKETS: U.K. Housing Stocks Fall On Rate-hike, Mortgage...
06/12/201413:06:07Caixabank Considers Making Offer for Barclays in Spain--Update
06/09/201413:31:00LONDON MARKETS: FTSE 100 Up As Miners Advance; Lloyds Shares...
06/09/201406:15:53LONDON MARKETS: FTSE 100 Up As Miners Advance; Lloyds Shares...
06/09/201405:04:08EUROPE MARKETS: European Stocks Rise, Look For New Multiyear...
06/08/201422:00:15Poor IPO Appetite Forces Lloyds Banking to Cut TSB's Valuation...
06/05/201415:01:13ING Moves Ahead With NN Unit IPO -- Update
06/05/201403:32:15Lloyds Banking Sells UK Commercial Real Estate Loans Portfolio
06/04/201413:59:00Lloyds Banking Group PLC Tender Offer Results
05/27/201414:56:25LONDON MARKETS: U.K. Stocks Up As InterContinental Jumps Amid...

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