Lloyds Dividend Forecast: 2023, 2024, 2025, 2026, 2027, 2028 Analyst Predictions

Lloyds Dividend Forecast: 2023, 2024, 2025, 2026, 2027, 2028 Analyst Predictions

Recently, a lot of new players have come into the market including Revolut, Monzo, Marcus, and Chase. These kinds of new entrants could potentially capture market share from traditional banks such as Lloyds and impact profitability. To remain competitive, Lloyds is going to have to spend money to innovate. However, anyone who bought the stock after August 4 would not be entitled to the bank’s interim dividend.

  1. Investments in a currency other than sterling are exposed to currency exchange risk.
  2. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock price rises in the currency of origin.
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  4. Some investors would still consider looking at the Lloyds dividend forecast for 2023 to further support their decision.

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Change:

Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock price rises in the currency of origin. Any performance statistics that do not adjust for exchange rate changes are likely to result in an inaccurate portrayal of real returns for sterling-based investors. The value of stocks and shares and any dividend income, may rise or fall, and is not guaranteed so you may get back less than you invested. You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses.

Are Aviva shares a good investment?

There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 2.2. Saima Naveed does not own shares in any of the companies mentioned. The Money Cog has no position in any of the companies mentioned. Views expressed on the companies and assets mentioned in this article are those of the writer and, therefore, may differ from the opinions of analysts in The Money Cog Premium services. Lloyds’ dividend payout should be covered nearly three times by forecast earnings in 2022. This suggests to me that even if the bank’s profits dip over the next 18 months, the dividend should be fairly safe.

All upcoming and previous LLOY ex-dividend dates can be found on the LLOY dividend page. The table below shows all upcoming and recently paid Lloyds Banking Group dividend payments. Enter the number of Lloyds Banking Group (LLOY) shares you currently hold to see the actual dividend amount received in pound sterling. Alternatively, if the number of shares you held varied in the past, then enter the number of LLOY shares you previously held for each dividend in the dividend table below.

The Lloyds share price trades at 45.25 pence as of 19th August 2022. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. The sudden outbreak of Covid-19 — and the colossal impact this had on shareholder payouts across the London Stock Exchange — is evidence of this. The next Lloyds Banking Group plc dividend is expected to go ex in 2 months and to be paid in 4 months. The previous Lloyds Banking Group plc dividend was 0.92p and it went ex 6 months ago and it was paid 5 months ago.

Dividends summary

Using the table above, I can see that if I bought Lloyds shares today at 42p, I could expect to receive a dividend yield of 5.5% this year. On 23 May, the company paid out its final dividend for 2022. Lloyds Banking Group has a dividend yield of 5.85% and paid $0.13 per share in https://traderoom.info/ the past year. The dividend is paid every six months and the last ex-dividend date was Aug 4, 2023. Given these risks, I’m going to leave Lloyds shares on my watchlist for now. All things considered, I think there are safer dividend stocks to buy in the current environment.

That would represent an increase of 17% on the total payout for 2022. Lloyds rewarded shareholders with an attractive dividend in 2022 and it is likely to pay another big dividend in 2023. Lloyds Bank shares fell 2.2% in early trading in London on Wednesday in response. The most recent change in the company’s dividend was a decrease of GBX 0.68 on Wednesday, July 26, 2023.

In recessions, bank stocks typically underperform because loan defaults rise and profits fall. It’s worth noting that the Bank of England recently warned UK banks to brace for an ‘economic storm’, saying the outlook for the UK had deteriorated significantly. As for whether I’d buy Lloyds shares today, I’m not convinced the stock offers a good risk/reward proposition at the moment. Right now, the price-to-earnings (P/E) ratio is just 6.5, which is very low.

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With higher interest rates creating a more favourable lending environment for banks, the group’s earnings have been trending upward, paving the way for a more substantial shareholder payout. I may add them to my dividend portfolio over the coming weeks. But if he did, I think there’s a good chance he’d be tempted by Lloyds’ solid finances and attractive yield. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more.

She is currently working very closely with Women of Wonders Pakistan to help other women achieve their career goals. Rising interest rates to tackle tradeview forex inflation do make for an ideal lending environment. I was inspired to follow this path by billionaire Warren Buffett’s investment in Coca-Cola.

Now, 10 years later, she manages a substantial portfolio built using detailed and thorough analysis. Forecasts, by their very nature, are educated guesses and by no means guaranteed. That’s why, personally, I think it may be best to keep this stock on my watchlist for now until a clearer picture forms of what lies in store for the British economy. At the start of the year, Lloyds Bank announced an ambitious strategy for transforming its business.

Dividend FAQs

For this reason, my main focus as a dividend investor is to find companies that can deliver reliable dividend growth. A company’s dividend yield is calculated by dividing its dividend per share by its share price and expressing the result as a percentage. For 2023, Lloyds forecast return on tangible equity – a broad measure of profitability – to be around 13%, and some 1.75% of capital generation, down from 2.45% in 2022. The amount of capital generated broadly determines how much money the bank has available for shareholder payouts.

Add Lloyds Banking Group plc to receive free notifications when they declare their dividends. Although Lloyds has a reputation as a dividend stock, its ability to pay dividends can be affected by economic conditions. For example, the bank’s dividend was cut in 2020 when the pandemic struck. The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.