SmarterDividends
LYG

Lloyds Banking Group plc

LYG

Financial Services · Stock · semiannual payer

Forward Yield

3.68%

Annual Dividend

$0.20

Payout Ratio

44%

5-Yr Growth

Ex-Date

Apr 10, 2026

Frequency

Semiannual

LYG Dividend Safety Score

66/ 100
Grade B

Safe

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage44% of earnings paid out
Yield vs its historyYield in line with its history

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

Is LYG a good dividend stock?

Yes, with caveats

Lloyds Banking Group plc (LYG) pays a semiannual dividend yielding 3.68% ($0.20/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (44%)
  • 111% total price return over 5 years

Risks

  • Cut its dividend in 2021

Key Data

Dividend Yield
3.68%
Payout Ratio
44%
Annual Dividend
$0.20
5-Yr Avg Growth
Ex-Dividend Date
Apr 10, 2026
Years of Growth
4
Frequency
semiannual
Beta
0.92
Market Cap
$79.2B
P/E Ratio
13.3
5-Yr Total Return
111%
52-Week Range
$3.98 – $6.34
Dividend Safety
B · 66/100
Ever Cut?
Yes (2021)
LYG ex-dividend date & scheduleNext ex-date Apr 10, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.20 / yr per share

Per payment (semiannual)$10.00
Annual$20.00
Monthly avg$1.67