The Lloyds Banking Group final dividend will be paid on Wednesday 26th September 2018. The dividend will be paid at a rate of 1.07p per share and your entitlement will be based on your holding as of 8am on 16th August 2018.
The table below shows how your dividend will be processed depending on the dividend handling option you’ve selected.
Please note: this only applies to shares held with Lloyds Bank Direct Investments.
|Dividend handling option||What does this mean?||Payment date|
|Dividend reinvestment||Dividends are automatically reinvested into the stock.||The shares will show in your Share Dealing Account by midnight on the 27th September.|
|Pay away||The cash from the dividend is automatically sent to your nominated bank account.||The cash will show in your bank account on or around Friday 28th September 2018.|
|Hold in account||The cash from the dividend is held in your Share Dealing Account.||The cash will show in your Share Dealing Account by midnight on Wednesday 26th September 2018.|
To qualify for a dividend you must have bought Lloyds Banking Group shares before the ex-dividend date of 16th August 2018 and held the shares until at least that date.
Only shares held at 8am on 16th August 2018 qualify for a dividend payment.
You can check your dividend handling option by signing into your Share Dealing Account online. Simply select ‘Account Management’ from the right-hand navigation and then select ‘Dividend Handling Options’.
If you want to change your dividend handling option for the Lloyds Banking Group dividend you must have confirmed your new option by 11.59pm on Monday 24th September. If you do change your dividend handling option it will affect all dividends that are paid in the future or until you change the dividend handling option again at a later date.
If you sign into your Share Dealing Account online and select ‘Account Management’ in the right-hand navigation you can check your nominated bank account. To change your bank account details select ‘Change Payment Details’ on the right-hand side.
If you want to change your nominated bank account for the Lloyds Banking Group dividend you must have confirmed your new bank account details by 11.59pm on Tuesday 25th September 2018.
We will only pay the dividend into your bank account if your dividend handling option is ‘pay away’.
Please be aware that our Share Dealing Account and Stocks and Shares ISA has a six-monthly administration charge. If there is an outstanding or unpaid balance due we will take this charge from any future dividend payment to cover these charges.
OUR SHARE DEALING SERVICE DOES NOT PROVIDE ADVICE SO IF YOU ARE IN ANY DOUBT ABOUT BUYING AND SELLING SHARES, OR MAKING YOUR OWN INVESTMENT DECISIONS, WE RECOMMEND YOU SEEK ADVICE FROM A SUITABLY QUALIFIED FINANCIAL ADVISER. PLEASE REMEMBER THE VALUE OF AN INVESTMENT AND THE INCOME FROM IT CAN GO DOWN AS WELL AS UP AND YOU MAY GET BACK LESS THAN YOU ORIGINALLY INVESTED.
The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.