This morning, I’ve read that Lloyds Bank have announced that they are to start paying quarterly dividends from 2020:
I haven’t considered purchasing any banking stocks, yet, and was wondering how popular they are amongst our community?
Being new to Freetrade and trading in general, I’ve opted for the dividend earnings approach and so Lloyds Bank’s recent announcement might well tempt me to purchase my first banking stock.
RBS 2008 flashback there 
I am a newbie to the world of investing but me personally i would always avoid UK banks. Unless you’re the one getting the bonuses.
I do hope most UK dividend companies follow suit with quarterly dividend distribution instead of the bi-annual distribution.
I have a few Banks, including Lloyds. Dividends are quite good. And P/E ratios aren’t bad at the moment. This is part of a stategy of diversification though. I have stocks in a wide range of sectors
I don’t really care too much how often they payout, with a diverse portfolio I get some dividends from somwhere every month. Sometimes its just a few quid, some months it’s a couple of hundred
Don’t just look at the dividend frequency. Consider the likes of HSBC as well. They pay a decent dividend and held up better during the Banking crisis. If I remember rightly they didn’t take a bailout?
Great responses - thanks everyone 
Don’t think Barclays did either
What do you think of Investec Bank Plc (INVP)?
4.7% Dividend
9x P/E
£5.2B market cap
They are the backbone of Monzo’s 1% savings rate.
Demerging their Asset Management business to list on the market.
It’s more OakNorth now. Shawbrook and Investec also provide savings pot options but many are switching from Investec as it’s not the best rate of the options available. There was also the issue that they had to pause releasing the Investec option for a few months
No hard news on dividends yet and share prices not elevating. Assume Brexit confusion still holding them down.