The UK’s decision to exit the EU could cause disruption for the economy. With the bank generating around 97% of its income from the UK, a decline in the rate of GDP growth following Brexit may lead to a troubled period for the company’s finances.
Lloyds Banking Group PLC (LON:LLOY) (LLOY.L) may not be viewed as a particularly appealing income stock at the moment by many investors. After all, the company faces an uncertain future which could see its financial performance come under pressure. However, at the same time, Lloyds also offers what I believe is a compelling outlook from an income perspective. The stock market seems to have priced in potential difficulties, since the stock has a dividend yield of 6% using last year’s expected dividend payments. Using 2018’s forecast dividend of 4.5p per share, the bank is trading on a dividend yield of 6.6% at the moment.
Source: Investomania
Related Articles:
- What's More Powerful Than Compound Interest?
- Dividends vs. Stock Buybacks
- 5 Lessons Learned About Investing In Dividend Growth Stocks
- 4 High Rated, Lower Debt Dividend Stocks With A Reasonable Payout
- 8 High-Yielding Mega-Cap Stocks
This is one of the best dividend stocks around
Posted by D4L | Wednesday, January 31, 2018 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
With inflation appearing to have peaked and fears of a recession dimming somewhat, investors have some positive catalysts to look forward to...
-
Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above linked analysis: Company ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.