Lloyds Banking Group Dividend
Dividend criteria checks 3/6
Lloyds Banking Group is a dividend paying company with a current yield of 5.39% that is well covered by earnings.
Key information
5.4%
Dividend yield
39%
Payout ratio
Industry average yield | 6.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | UK£0.071 |
Dividend yield forecast in 3Y | 7.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LLOYL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LLOYL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Lloyds Banking Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LLOYL) | 5.4% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.9% |
Industry Average (Banks) | 6.5% |
Analyst forecast in 3 Years (LLOYL) | 7.1% |
Notable Dividend: LLOYL's dividend (5.39%) is higher than the bottom 25% of dividend payers in the UK market (2.16%).
High Dividend: LLOYL's dividend (5.39%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.4%), LLOYL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LLOYL's dividends in 3 years are forecast to be well covered by earnings (43.1% payout ratio).