LSE:LLOY (Lloyds Banking Group plc)
About LLOY
Lloyds Banking Group PLC is one of the largest banks in the United Kingdom. It serves both the retail and commercial sectors through various lending and other financial services.
The bottom line comprises of net interest income from lending activity, mainly comprising of issuing mortgages and credit cards to consumers. Additional retail services include current accounts, wealth management, property insurance, and pension solutions.
The rest of the earnings originates from corporate-facing activities such as issuing business loans, transaction banking, and a myriad of other corporate banking services.
The management team has announced a strategy shift to purchase 50,000 homes within Britain by 2030. The goal is to become the UK's largest private landlord, generating income through rent with at least 10,000 properties added to its portfolio by 2025.
Frequently Asked Questions
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The Lloyds share price has a reputation for stability and paying a steady dividend. This makes it commonly perceived as a defensive income stock. It’s one of the UK’s largest mortgage lenders, controlling the bulk of the market share. However, this also means its profit is highly dependent on the overall health of the British housing market.
Lloyds shares may be a suitable investment for investors seeking a low volatility stock and indirect exposure to the property market.
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Yes. Lloyds shares pay a cash dividend at an average 35% payout ratio. Dividends were temporarily cancelled in 2020 due to the pandemic but resumed in 2021.
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Lloyd shares pay out a dividend twice a year in April and August.
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Lloyds shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.
Lloyds Banking Group plc (LSE: LLOY) Latest News
Investing Articles
If someone had invested £5,000 in Lloyds shares a week ago, they would have made…
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The Lloyds share price is up nearly 200% over 5 years! What about the next 5 years?
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Forecast: in 12 months the Lloyds share price and dividend could turn £10k into…
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Brokers have raised targets on Lloyds’ share price following the court win
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Does a win in the Supreme Court mean the Lloyds share price is set to explode?
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How many Lloyds shares do investors need to buy to earn a £1,000 monthly passive income today?
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How will the Lloyds share price be affected by today’s Supreme Court ruling?
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Trading at a 10-year high after good H1 results, is there any value left in Lloyds share price?
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Is the runaway Lloyds share price about to hit a nasty bump?
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With a yield of up to 6%, could this bank help a Stocks and Shares ISA generate £10,000 of passive income a year?
