Same I’ve added again. I’m aiming to hit 10k shares before the end of this year.
I’m not worried about this FCA issue. They’ve provided a billion for it which is covered by the surprise Telegraph loan repayment.
Dividends are meant to be rising (target of 8%) and with added buybacks the SP should be increasing.
Would be frustrating for the investors if Lloyds had to use the loan money back to pay off in compensation. I think we were all hoping we might see some of this back in special dividend or share buy back. Or something nice like that.
Personally. Lloyds will most likely be apart of my portfolio throughout my investing life cycle. If there are dips below my average or cheaper/undervalued opportunities. If I have spare funds available. I’d must likely grab a few along the way.
Yeah that is the way I see it as well. I’m not going to buy when it is above my average, but if it is close or below I’ll topup with some spare just to get the dividends, which look stable and well covered. I see it more as I put ~40p into a bucket and then that bucket pays me ~2p a year and I also have the capability of getting my original 40p back out with some variance. Sometimes more sometimes less. I unfortunately started investing two days before the war in Ukraine, so my LLOY is ~9% down, but when factoring in the dividends I’m still 5% up over the two years, and if the price remains stableish at this new 0.4 - 0.44 level then I’ll be up ~9% next year and it will just keep on growing, coupled with the averaging down should hopefully give me a little pot paying ~6% returns for life. (Spread the same across other boring but dependable shares to minimise risk means an extra pension of hopefully 8k a year without hitting the capital so I can pass it on to my kids. Now to make sure the kids know to start earlier than I did and they can hopefully get to 20k - 30k a year with a bigger pot to pass down to their kids repeat repeat repeat and eventually the family wouldn’t have to worry about money)
Great outlook in-line with what I’m trying to do. Already got the kids setup with a cash and stocks and shares isa’s. They’re too young to understand it all at the moment. But I want them to start thinking about saving for later in life as early as possible. Like you I’m hoping I can build up and additional dividends income that will support me and my family on top of my pensions. When the nee isa rules come into play. I’ll move my Freetrade stocks out if GIA and into isa. Where I can/suitable. As capital and dividend allowances being ripped to shreds by this government. The buggers.
The stock events app has it as estimated, and also has the ex dividend date wrong. The dividend, ex and payment date will all be announced at full year results on 22 Feb