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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: --By Patricia Kowsmann, Dow Jones Newswires. Tel +44(0)207-842-9295,

Stock News for Lloyds Tsb (LYG)
10/18/201613:35:02Report of Foreign Issuer (6-k)
10/12/201608:52:00Lloyds Banking Group to Cut More Than 1,200 Jobs
10/11/201613:10:09Report of Foreign Issuer (6-k)
10/11/201606:55:36Report of Foreign Issuer (6-k)
10/08/201603:02:00U.K. to Sell Lloyds Shares -- WSJ
10/07/201611:30:00U.K. Government to Restart Lloyds Bank Share Sale
10/07/201610:30:00U.K. Government to Restart Sale of Its Lloyds Banking Group Stake...
10/07/201609:49:00U.K. Government to Re-start Sale of Its Lloyds Banking Group...
10/07/201609:12:06Securities Registration (foreign Private Issuer) (f-4)
10/06/201606:20:00U.K. Financial Firms Prepare for Brexit
10/03/201612:42:34Report of Foreign Issuer (6-k)
09/28/201607:00:00U.K. Faces Reckoning Over RBS Bailout
09/19/201617:07:21Report of Foreign Issuer (6-k)
09/14/201613:30:15Report of Foreign Issuer (6-k)
09/13/201611:56:17Report of Foreign Issuer (6-k)
09/06/201608:26:26Report of Foreign Issuer (6-k)
08/24/201608:30:00Lloyds Chief Apologizes After Affair Allegations
08/24/201606:18:00Lloyds Chief Apologizes After Affair Allegations
08/17/201608:37:05Report of Foreign Issuer (6-k)
08/10/201612:49:01Report of Foreign Issuer (6-k)

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