Thursday, February 25, 2016

Lloyds Banking Profit Down, Sees Higher Margin, Lifts Dividend; Stock Up

Shares of Lloyds Banking Group plc (LLOY.L, LYG) increased around 10 percent in the morning trading in London after the bank on Thursday announced higher dividend for fiscal 2015, along with a special dividend. This was despite the company reporting lower profit in its fiscal 2015 on higher charges, despite increased net interest income. For fiscal 2016, the company projects higher margin.

from RTT - Earnings http://ift.tt/1QGOpDf
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