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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its...
-
If you want to earn more dividend income from the stock market, then you need to start investing in healthcare. Analysts project the number ...
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
I am going to double down on Exxon Mobil (XOM) this week because I believe investors will have to deal with more market volatility going for...
-
Large-cap consumer staples companies are not known for making big moves in their share prices. But on the morning of Monday, April 22, Kimbe...
-
Dividend investing is all about owning investments that pay you — and pay you well — through thick and thin markets. And whether you are bui...
-
The U.S. boosted tariffs on $200 billion worth of Chinese goods from 10% to 25%. The markets had expected this to be the week that this deal...
-
I love buying dollar bills for $0.80. Of course, you don’t find many chances like that in the stock market. Whenever such a great deal arise...
-
Utility stocks were supposed to be yesterday’s favorite investment. The theory regarding utility stocks was simple: Robust economic growth c...
0 comments
Post a Comment
Post a Comment