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.
Lloyds reaches profit landmark after returning to private ownership Lloyds reaches profit landmark after returning to private ownership Reviewed by Melbal Business News And Directory on 22 February Rating: 5

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