Lloyds reaches profit landmark after returning to private ownership
LLOYDS Banking Group scored its highest profit since its takeover of HBOS in 2009, in a “landmark” year when it returned to private ownership. The UK’s biggest mortgage lender raised its dividend payout by 20 per cent and announced a share buyback of up to £1billion – a total return to shareholders of £3.2billion – after its pre-tax profit jumped by 24 per cent to £5.3billion.
Daily Express :: Finance Feed