Lloyds Banking Group plc
LLDTFFinancial Services · Stock · semiannual payer
Forward Yield
3.51%
Annual Dividend
$0.05
Payout Ratio
44%
5-Yr Growth
—
Ex-Date
Apr 9, 2026
Frequency
Semiannual
Summary
As of July 2026, Lloyds Banking Group plc (LLDTF) yields 3.51% ($0.05 per share annually), with a blended fair-value estimate of $2.26 — +62% upside, so it screens as undervalued. Dividend safety grade: C (58/100). 4 years of dividend growth.
Is LLDTF a good dividend stock?
Yes, with caveatsLloyds Banking Group plc (LLDTF) pays a semiannual dividend yielding 3.51% ($0.05/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (44%)
- 130% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 3.51%
- Payout Ratio
- 44%
- Annual Dividend
- $0.05
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Apr 9, 2026
- Years of Growth
- 4
- Frequency
- semiannual
- Beta
- 0.91
- Market Cap
- $81.3B
- P/E Ratio
- 14.0
- 5-Yr Total Return
- 130%
- 52-Week Range
- $1.00 – $1.55
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
LLDTF Price — Last 12 Months
Daily close
Price Return
1 Year
+24%
3 Years
+169%
5 Years
+130%
52-Week Range
$1.00 – $1.55
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is LLDTF worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Lloyds Banking Group plc is $2.26 per share, versus a market price of $1.40. That implies 62% of upside — a margin of safety of about 38%.
Fair Value
$2.26
Current Price
$1.40
Upside
+62%
Margin of Safety
38%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 16.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 16.1% stage-1 growth, 2.5% terminal growth, $0.10 EPS, $0.05 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
LLDTF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 9, 2026 | — | $0.0330 | regular |
| Jul 31, 2025 | — | $0.0160 | regular |
| Apr 10, 2025 | — | $0.0270 | regular |
| Aug 1, 2024 | — | $0.0140 | regular |
| Apr 11, 2024 | — | $0.0230 | regular |
| Aug 3, 2023 | — | $0.0120 | regular |
| Apr 13, 2023 | — | $0.0200 | regular |
| Aug 4, 2022 | — | $0.0100 | regular |
| Apr 7, 2022 | — | $0.0170 | regular |
| Aug 5, 2021 | — | $0.0090 | regular |
| Apr 15, 2021 | — | $0.0080 | regular |
| Aug 8, 2019 | — | $0.0140 | regular |
| Apr 4, 2019 | — | $0.0280 | regular |
| Aug 10, 2017 | — | $0.0130 | regular |
Income Calculator
At $0.05 / yr per share
