The Lloyds Banking Group May Dividend.

The Lloyds Banking Group Dividend of 2.05 pence was paid today.

The total number of shares issued by Lloyds Banking Group plc with rights to vote which are exercisable in all circumstances at general meetings is 71,992,041,055 ordinary shares of 10p

Thus the cost of the dividend:

71,992,041,055 x £0.0205 = £1,475,836,841.63

That is £1,475 Million = £1.475 Billion

A yield of 4.6%

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