Lloyds Banking Group Dividends and Buybacks
Dividend criteria checks 3/6
Lloyds Banking Group is a dividend paying company with a current yield of 5.14% that is well covered by earnings.
Key information
5.1%
Dividend yield
7.3%
Buyback Yield
| Total Shareholder Yield | 12.4% |
| Future Dividend Yield | 6.8% |
| Dividend Growth | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$0.0374 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LYG N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LYG N'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LYG N) | 5.1% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Banks) | 5.3% |
| Analyst forecast (LYG N) (up to 3 years) | 6.8% |
Notable Dividend: LYG N's dividend (5.14%) is higher than the bottom 25% of dividend payers in the MX market (2.2%).
High Dividend: LYG N's dividend (5.14%) is low compared to the top 25% of dividend payers in the MX market (7.26%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), LYG N's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LYG N's dividends in 3 years are forecast to be well covered by earnings (49.4% payout ratio).