Lloyds TSB Group (LYG) high dividend Bank stock yields 7% November 20, 2007Posted by deminvest in European Stocks, Lloyds TSB Group, LYG, stocks, stocks that pay high dividends.
This British stock seems great:
- Trailing P/E: 8.42
- Forward P/E : 8.15
- Growing well:
- Quarterly Revenue Growth ( ): 24.30%
- Earnings Growth ( ): 26.90%
- Offering excellent dividends:
- Dividend Yield 7%
There is just a couple of questions should scare uneducated investors like me:
- Is TSB Group involved with mess?
- Will it be able to continue giving such juicy dividends?
Question 2. is well connected to question 1. If LYG managed to stay out of the mess, its earning will continue to be good and we’ll get the dividends we want.
I couldn’t find anything on the Internet linking LYG to this article that I don’t dislike: it say that LYG was buying at discount price in August after the mess came out. This suggest me that did not have the problem and wanted to take advantage of other banks problems. I may be proven wrong, but I’ll consider LYG a serious option for December’s stock buy.mess except