Advertising Console

    Lloyds CEO sees dividend payout by 2015

    Wochit

    by Wochit

    15.9K
    28 views
    The Financial Times reported Lloyds Banking Group Chief Executive Antonio Horta-Osorio told potential investors that he expects to see up to 70 percent of the bank's earnings returned to shareholders by 2015. Shareholders have not received a dividend from Lloyds since its ill-fated rescue of rival HBOS in 2008, when it was bailed out by Britain and ordered to halt payouts.