Previous close | 2.2300 |
Open | 2.1900 |
Bid | 0.0000 x 312300 |
Ask | 2.2300 x 396000 |
Day's range | 2.1700 - 2.2300 |
52-week range | 1.7000 - 2.6300 |
Volume | |
Avg. volume | 10,419,505 |
Market cap | 37.411B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | 6,727.27 |
EPS (TTM) | 0.0003 |
Earnings date | N/A |
Forward dividend & yield | 0.10 (4.01%) |
Ex-dividend date | 05 Aug 2022 |
1y target est | 3.08 |
SVB deal soothes broader markets, but stress haunts banks.
Add a forecast £1.8bn dividend to a proposed £2bn share buyback and Lloyds Banking Group is, in effect, offering its shareholders an 11pc cash yield on its £34bn market capitalisation. That beats inflation, let alone government bonds, so patient investors are being paid to just sit and wait out any economic – or political – squalls.
Four of Britain’s biggest banks have pocketed an extra £5.5bn by failing to pass on rising interest rates to savers.