The latest Investing Matters Podcast episode with multi-award-winning fund manager and international bestselling author Lee Freeman-Shor has just been released. Listen here.
Saw a few clips of him recently on CNBC, hope he's ok, his mind seems to be going a bit - poor guy.
https://www.youtube.com/watch?v=1UDV603xGgM&t=168s&ab_channel=CNBCTelevision
"He maintained an ‘outperform’ call on the stock and lifted the price target on LLOY to £61 from £60 a share, on the back of higher revised earnings for the rest of 2021, 2022 and 2023."
- https://www.ig.com/uk/news-and-trade-ideas/what_s-next-for-lloyds-shares-after-solid-earnings--210804
I missed this rise!
Lloyds will 100% hit £40 per share by mid-November. Guaranteed. This is assuming the lizards who control the FTSE don't continue to manipulate the share price by moving the decimal point over to the left every so often.
50p seems in the margin of error to me. I'm optimistic but not going to feel confident in the movement until we're back over 50p, which, it's worth remembering, Lloyd's hit 2 months ago now before falling back. It's a marathon, not a sprint.
"I couldn't see it either in the financial diary section or the fundamentals, hence my question.
I still can't - I can see the payment dates etc but not the amounts.
But thanks anyway !"
Always handy (at least I think so): https://www.hl.co.uk/shares/shares-search-results/l/lloyds-banking-group-plc-ordinary-10p/dividends
"If we do follow their dividend payout we would be expecting around 0.6p per share"
Depends on how you look at it. Barclays "missed" 10p of dividends, and are now returning 20% of that. Lloyd's missed 4.57p (rough calcs) and so we should expect 0.914p. This of course ignores the 500 million buy back, which is not nothing.