View the article online at http://citywire.co.uk/wealth-manager/article/a734627
Jupiter's Davies: three reasons why Lloyds' dividend may beat forecasts
by Steve Davies on Feb 17, 2014 at 15:25
There is also the danger that the UK economic recovery may falter, which is of particular concern to a domestically-focused UK bank like Lloyds.
Meanwhile, any further provisions for PPI payments would lengthen the time it would take a bank like Lloyds to build up its capital buffers and delay or reduce any future dividend pay-outs.
In the three years to the end of January 2014 the fund has returned 42% versus a 27.7% rise in the FTSE All Share.
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