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
-
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.
-
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.
-
Lloyd shares pay out a dividend twice a year in April and August.
-
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
3 FTSE 100 stocks that could conceivably double in value!
Investing Articles
At 43p, I think Lloyds shares are a no-brainer!
Investing Articles
Are Lloyds and Rolls-Royce the best value FTSE 100 shares to buy?
Investing Articles
2 FTSE 100 value stocks I’d rather buy instead of Lloyds shares!
Investing Articles
Could Lloyds shares do a Rolls-Royce in 2024?
Investing Articles
Down 80% since 2008, are Lloyds shares a value opportunity?
Investing Articles
If I put £10k in Lloyds shares today, how much could I have in 5 years time?
Investing Articles
Here’s why the Lloyds share price could double
Investing Articles
3 reasons why Lloyds shares could be a terrible value trap!
Investing Articles
I’m hoovering up dirt-cheap Lloyds shares before they finally start rising
Investing Articles
What’s next for the Lloyds share price, 30p or 60p?
