After initially being bailed out by the government in 2008, Lloyds Banking Group has started the strongest sign of recovery in that period; it has reached a point where it is able to resume paying dividends to investors. The government still counts for 24% of Lloyds shares, far below 2008’s 41% ownership. The increased ability to reward investments has Lloyds stock up 1.72% to 79.850 today as investors take this turnaround as a solid sign for the bank’s future.
February 27, 2015 – Stock Market News
After initially being bailed out by the government in 2008, Lloyds Banking Group has started the strongest sign of recovery in that period; it has reached a point where it is able to resume paying dividends to investors. The government still counts for 24% of Lloyds shares, far below 2008’s 41% ownership. The increased ability to reward investments has Lloyds stock up 1.72% to 79.850 today as investors take this turnaround as a solid sign for the bank’s future.